Laurence Kotlikoff

On health care, let’s ask Germany

In Germany, you aren’t forced to choose between plan A, which covers your liver, but not your kidney, and plan B, which does the opposite....

Social Security report buries crucial statistic

Fortunately, conventional banking is not the only game in town. One-hundred-percent equity-financed mutual-fund banking with full disclosure of the mutual fund’s assets provides an alternative...

America’s fiscal sword of Damocles

The fiscal gap is the present value difference between all projected future government spending obligations (including official debt service) and all projected future tax revenues.