Wednesday, June 6, 2012

The Coming Generational Storm, Living Beyond Our Children's Means and Doing Ponzi Proud

There are plenty of books about the entitlement disaster in our future, but few come with the backing of an academic press.

The Clash of Generations is an exception. Written by economist Larry Kotlikoff, one of the creators of generational accounting, and my good friend of long standing, Scott Burns, Clash shows what current policies have already done to young people, tells stories about how both parties have allowed it to happen, and offers actual policy solutions– for banking, taxes, healthcare, and Social Security.

But it's way more than a "policy book." It also tells us what we can do to protect ourselves if the politicians fail. Read More