{"title":"Laurence J Kotlikoff","description":"","products":[{"product_id":"clash-of-generations-book-laurence-j-kotlikoff-9780262016728","title":"The Clash of Generations","description":"\u003cp\u003e\u003cb\u003eHow America went bankrupt and how we can save ourselves--as a country and as individuals--from economic disaster.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eThe United States is bankrupt, flat broke. Thanks to accounting that would make Enron blush, America's insolvency goes far beyond what our leaders are disclosing. The United States is a fiscal basket case, in worse shape than the notoriously bailed-out countries of Greece, Ireland, and others. How did this happen? In\u003ci\u003eThe Clash of Generations\u003c\/i\u003e, experts Laurence Kotlikoff and Scott Burns document our six-decade, off-balance-sheet, unsustainable financing scheme. They explain how we have balanced our longer lives on the backs of our (relatively few) children. At the same time, we've been on a consumption spree, saving and investing less than nothing. And that's not to mention the evisceration of the middle class and a financial system that has proven it can't be trusted. Kotlikoff and Burns outline grassroots strategies for saving ourselves--and especially our children--from what could be a truly catastrophic financial collapse.\u003c\/p\u003e\u003cp\u003eKotlikoff and Burns sounded the alarm in their widely acclaimed\u003ci\u003eThe Coming Generational Storm\u003c\/i\u003e, but politicians didn't listen. Now the need for action is even more urgent. It's up to us to demand radical reform of our tax system, our healthcare system, and our Social Security system, and to insist on better paths to investment return than those provided by Wall Street (mis)managers. Kotlikoff and Burns's Purple Plans (so called because they will appeal to both Republicans and Democrats) have been endorsed by a who's who of economists and offer a new way forward; and their revolutionary investment strategy for individuals replaces the idea of financial capital with life decision capital.\u003c\/p\u003e\u003cp\u003eOf course, we won't be doing all this just for ourselves. We need to fix America's fiscal mess before our kids inherit it.\u003c\/p\u003e\u003cp\u003ehttps: \/\/www.youtube.com\/watch?v=IMKw76lBn0k\u0026amp;feature=youtube_gdata_player\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49533646602513,"sku":"GOR007155666","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":50469816140049,"sku":"CIN0262016729G","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262016729.jpg?v=1751290674"},{"product_id":"coming-generational-storm-book-laurence-j-kotlikoff-9780262112864","title":"The Coming Generational Storm","description":"\u003cp\u003e\u003cb\u003eHow to avoid a fiscal crisis in the next generation-- and how to protect yourself if the government acts too late: policy recommendations and individual strategies to protect against skyrocketing tax rates, drastically reduced health and retirement benefits, high inflation, and a ruined currency.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eIn 2030, as 77 million baby boomers hobble into old age, walkers will outnumber strollers; there will be twice as many retirees as there are today but only 18 percent more workers. How will America handle this demographic overload? How will Social Security and Medicare function with fewer working taxpayers to support these programs? According to Laurence Kotlikoff and Scott Burns, if our government continues on the course it has set, we'll see skyrocketing tax rates, drastically lower retirement and health benefits, high inflation, a rapidly depreciating dollar, unemployment, and political instability. The government has lost its compass, say Kotlikoff and Burns, and the current administration is heading straight into the coming generational storm.\u003c\/p\u003e\u003cp\u003eBut don't panic. To solve a problem you must first understand it. Kotlikoff and Burns take us on a guided tour of our generational imbalance, first introducing us to the baby boomers--their long retirement years and the protracted delay in their departure to the next world. Then there's the fiscal child abuse that will double the taxes paid by the next generation. There's also the deficit delusion of the under-reported national debt. And none of this, they say, will be solved by any of the popularly touted remedies: cutting taxes, technological progress, immigration, foreign investment, or the elimination of wasteful government spending.\u003c\/p\u003e\u003cp\u003eSo how can the United States avoid this demographic\/fiscal collision? Kotlikoff and Burns propose bold new policies, including meaningful reforms of Social Security, and Medicare. Their proposals are simple, straightforward, and geared to attract support from both political parties. But just in case politicians won't take the political risk to chart a new direction, Kotlikoff and Burns also offer a life jacket--guidelines for individuals to protect their financial health and retirement.\u003c\/p\u003e\u003cp\u003eThis paperback edition of \u003ci\u003eThe Coming Generational Storm\u003c\/i\u003e has been revised and updated and includes a new foreword by the authors. \u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49556312785169,"sku":"GOR003464571","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":49777347690769,"sku":"CIN0262112868G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50283815239953,"sku":"CIN0262112868VG","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ WELL_READ \/ SBYB","offer_id":50347438965009,"sku":"CIN0262112868A","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":51664215277841,"sku":"GOR010552184","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262112868.jpg?v=1750811963"},{"product_id":"jimmy-stewart-is-dead-book-laurence-j-kotlikoff-9780470581551","title":"Jimmy Stewart Is Dead","description":"Discover how the global financial plague is poised to return, and what can be done to stop it  This is not your father's financial system. Jimmy Stewart, the trustworthy, honest banker in the movie, It's a Wonderful Life, is dead.  And so is his small-town bank, Bailey Savings \u0026amp; Loan. Instead, we're watching It's a Horrible Mess with Wall Street (aka the Vegas Strip) playing ever larger craps with our economy and our tax dollars. This book, written by one of the world's most respected economist, describes in lively, humorous, simple, but also deadly serious terms the big con underlying the big game  the web of interconnected financial, political, and regulatory malfeasance that culminated in financial meltdown and brought us to our economic knees. But it also proposes an amazingly simply solution  Limited Purpose Banking to make Wall Street safe for Main Street. This book, as well as the financial fix described within it, have received rave reviews from a veritable who's who of policymakers and economics, plus five economics Nobel Laureates Written by a leading economist whose insights on this topic are unparalleled Outlines the first and only proposal to fundamentally fix our financial disaster for good Jimmy Stewart Is Dead  will fundamentally change the way you think about the economy, financial markets, and the government.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49610219258129,"sku":"GOR001850546","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50629167186193,"sku":"CIN0470581557VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":51423310840081,"sku":"CIN0470581557G","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0470581557.jpg?v=1751072993"},{"product_id":"economic-consequences-of-the-vickers-commission-book-laurence-j-kotlikoff-9781906837426","title":"The Economic Consequences of the Vickers Commission","description":"The financial crisis showed that bankers have the British public over a barrel. When banks do well, the bankers are awarded huge bonuses. When they do badly, the taxpayer has to step in and save them or face the consequences of systemic collapse of the payment system. Bankers can just 'make the money and run', leaving the government to pick up the pieces when things go wrong. The Vickers Commission was meant to put a stop to this by safeguarding ordinary retail banks from the gambling of investment banks. Laurence J. Kotlikoff shows that the Vickers proposals fail to do this. Even banks deemed 'good' can turn bad, since no one can predict which 'safe' assets will actually be safe in the future. Moreover, 'bad' banks are still left too big and too powerful. If they fail, they will drag ordinary banks down with them, freezing the payment system and creating a recession in the wider economy. Kotlikoff's alternative, Limited Purpose Banking (LPB), replaces the current system of 'trust-me' banking with the more transparent 'show-me' banking. LPB bans banks from holding anything except mutual funds. Mutual funds hold no debt, so they cannot individually, or systemically, fail. The payment system would use on-demand deposits that are backed pound-for-pound by actual cash.  Bankers would not be allowed to lend out their customers' money without explicit permission and full disclosure of the risks. Large private losses could still take place within the financial system but without endangering the rest of the economy or burdening taxpayers. In short, Kotlikoff's proposal stops bankers from being able to gamble with other people's money.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49666457960721,"sku":"GOR004198289","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1906837422.jpg?v=1751123654"},{"product_id":"money-magic-book-laurence-j-kotlikoff-9780316541954","title":"Money Magic","description":"Laurence Kotlikoff, one of our nation's premier personal finance experts and coauthor of the New York Times bestseller Get What's Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money magic tricks that will transform your financial future. Each trick shares a basic ingredient for financial savvy based on economic common sense, not Wall Street snake oil. Money Magic offers a clear path to a richer, happier, and safer financial life. Whether you're making education, career, marriage, lifestyle, housing, investment, retirement, or Social Security decisions, Kotlikoff provides a clear framework for readers of all ages and income levels to learn tricks like:  * How to choose a career to maximize your lifetime earnings (hint: you may want to consider picking up a plunger instead of a stethoscope). * How to buy a superior education on the cheap and graduate debt-free. * Why it's smarter to cash out your IRA to pay off your mortgage. * Why delaying retirement for two years can reap dividends and how to lower your average lifetime tax bracket.  Money Magic's most powerful act is transforming your financial thinking, explaining not just what to do, but why to do it. Get ready to discover the economics approach to financial planning-the fruit of a century's worth of research by thousands of cloistered economic wizards whose now-accessible collective findings turn conventional financial advice on its head. Kotlikoff uses his soft heart, hard nose, dry wit, and flashing wand to cast a powerful spell, leaving you eager to accomplish what you formerly dreaded: financial planning.","brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":49676615254289,"sku":"CIN0316541958VG","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ GARDNERS","offer_id":49740314280209,"sku":"NGR9780316541954","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":49763362406673,"sku":"CIN0316541958G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":52383764414737,"sku":"GOR014509670","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ WELL_READ \/ SBYB","offer_id":53384186790161,"sku":"CIN0316541958A","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0316541958.jpg?v=1751444491"},{"product_id":"money-magic-book-laurence-j-kotlikoff-9780316541947","title":"Money Magic","description":"Increase your spending power, enhance your standard of living, and achieve financial independence with this \"must-read\" guide to money management (Jane Bryant Quinn).  Laurence Kotlikoff, one of our nation's premier personal finance experts and coauthor of the New York Times bestseller Get What's Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money magic tricks that will transform your financial future. Each trick shares a basic ingredient for financial savvy based on economic common sense, not Wall Street snake oil. Money Magic offers a clear path to a richer, happier, and safer financial life. Whether you're making education, career, marriage, lifestyle, housing, investment, retirement, or Social Security decisions, Kotlikoff provides a clear framework for readers of all ages and income levels to learn tricks like:  - How to choose a career to maximize your lifetime earnings (hint: you may want to consider picking up a plunger instead of a stethoscope). - How to buy a superior education on the cheap and graduate debt-free. - Why it's smarter to cash out your IRA to pay off your mortgage. - Why delaying retirement for two years can reap dividends and how to lower your average lifetime tax bracket.      Money Magic's most powerful act is transforming your financial thinking, explaining not just what to do, but why to do it. Get ready to discover the economics approach to financial planning-the fruit of a century's worth of research by thousands of cloistered economic wizards whose now-accessible collective findings turn conventional financial advice on its head. Kotlikoff uses his soft heart, hard nose, dry wit, and flashing wand to cast a powerful spell, leaving you eager to accomplish what you formerly dreaded: financial planning.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49745959026961,"sku":"NGR9780316541947","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50061331235089,"sku":"CIN031654194XG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":51694219362577,"sku":"CIN031654194XVG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":52500130431249,"sku":"GOR014541528","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":52623871672593,"sku":"NIN9780316541947","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/031654194X.jpg?v=1774951898"},{"product_id":"generational-accounting-book-laurence-j-kotlikoff-9780029175859","title":"Generational Accounting","description":"In an effort to bring all generations to an understanding of the American economy, Laurence Kotlikoff shares information of the budget deficit of the United States government.  Generational Accounting strives to educate readers on how the economy of the United States American functions, from explaining who pays for the goods and services the nation receives to when it must be paid, and just how much money goes to it.   Kotlikoff analyzes how the government’s budget deficit is the cornerstone of conventional economic policy and argues that it is a number devoid of economic content, often used to lead the American people astray.    “Read it and you’ll be on the cutting edge of future debates on fiscal policy.” – Fortune","brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":49787878211857,"sku":"CIN0029175852VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":53478503907601,"sku":"NLS9780029175859","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0029175852.jpg?v=1750972349"},{"product_id":"healthcare-fix-book-laurence-j-kotlikoff-9780262113144","title":"The Healthcare Fix","description":null,"brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50120712814865,"sku":"CIN0262113147G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50761660858641,"sku":"CIN0262113147VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262113147.jpg?v=1751195409"},{"product_id":"jimmy-stewart-is-dead-book-laurence-j-kotlikoff-9781118011331","title":"Jimmy Stewart Is Dead","description":"Discover how the global financial plague is poised to return, and what can be done to stop it This is not your father's financial system. Jimmy Stewart, the trustworthy, honest banker in the movie, It's a Wonderful Life, is dead. And so is his small-town bank, Bailey Savings \u0026amp; Loan. Instead, we're watching It's a Horrible Mess with Wall Street (aka the Vegas Strip) playing ever larger craps with our economy and our tax dollars.   This book, written by one of the world's most respected economist, describes in lively, humorous, simple, but also deadly serious terms the big con underlying the big game?the web of interconnected financial, political, and regulatory malfeasance that culminated in financial meltdown and brought us to our economic knees. But it also proposes an amazingly simply solution?Limited Purpose Banking to make Wall Street safe for Main Street.     This book, as well as the financial fix described within it, have received rave reviews from a veritable who's who of policymakers and economics, plus five economics Nobel Laureates Written by a leading economist whose insights on this topic are unparalleled Outlines the first and only proposal to fundamentally fix our financial disaster for good   Jimmy Stewart Is Dead will fundamentally change the way you think about the economy, financial markets, and the government.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51108047552785,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51108050338065,"sku":"NIN9781118011331","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":52621042483473,"sku":"GOR007386471","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":53390215184657,"sku":"CIN1118011333G","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1118011333.jpg?v=1751400915"},{"product_id":"get-what-s-yours-book-laurence-j-kotlikoff-9781476772318","title":"Get What's Yours","description":"Social Security law has changed! Get What’s Yours has been revised and updated to reflect new regulations that took effect on April 29, 2016.  Get What’s Yours has proven itself to be the definitive book about how to navigate the forbidding maze of Social Security and emerge with the highest possible benefits. It is an engaging manual of tactics and strategies written by well-known financial commentators that is unobtainable elsewhere. You could try reading all 2,728 rules of the Social Security system (and the thousands of explanations of these rules), but academia’s Kotlikoff, the popular press’s Moeller, and public television’s Solman explain the Social Security system just as comprehensively, and a lot more comprehensibly. Moreover, they demonstrate that what you don’t know can seriously hurt you: wrong decisions about which Social Security benefits to apply for cost individual retirees tens of thousands of dollars in lost income every year. (Some of those people are even in the book.)   Changes to Social Security that take effect in 2016 make it more important than ever to wait as long as possible (until age 70, if possible) to claim Social Security benefits. The new law also has significant implications for those who wish to claim divorced spousal benefits (and how many Social Security recipients even know about divorced spousal benefits?). Besides addressing these and other issues, this revised edition contains a chapter explaining how Medicare rules can shape Social Security decisions.   Many other personal-finance books briefly address Social Security, but none offers the full, authoritative, yet conversational analysis of Get What’s Yours.   Get What’s Yours explains Social Security benefits through basic strategies and stirring stories. It covers the most frequent benefit scenarios faced by married retired couples; by divorced retirees; by widows and widowers. It explains what to do if you’re a retired parent of dependent children; disabled; an eligible beneficiary who continues to work. It addresses the tax consequences of your choices, as well as the financial implications for other investments. It does all this and more.   There are more than 52 million Americans aged 54 to 69. Ten thousand of them reach Social Security’s full retirement age of 66 every day. For all these people—and for their families and friends—Get What’s Yours has proven to be an invaluable, and therefore indispensable, tool.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51331127181585,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ LIKE_NEW \/ SBYB","offer_id":51331129803025,"sku":"CIN1476772312LN","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1476772312.jpg?v=1751210757"},{"product_id":"generational-accounting-book-laurence-j-kotlikoff-9780029184639","title":"Generational Accounting","description":"This text proposes that we scrap the arbitrary concept of a national deficit and replace it with a system of generational accounting that will enable citizens to see who actually pays - and when - for today's expenditures. By forcing politicians and citizens to talk today about what we will have to do tomorrow, generational accounting can help us plan for the future with greater moral clarity than was possible before.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51331248292113,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":51331250815249,"sku":"CIN0029184630G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0029184630.jpg?v=1751387742"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-laurence-j-kotlikoff.oembed","provider":"World of Books ","version":"1.0","type":"link"}