Kotlikoff Laurence

- Doctor of Economic Sciences, Professor, Head of the International Department

- Doctor of Economic Sciences, Professor, Head of the International Department of Fiscal Sustainability, Center for Macroeconomics and Finance

Date of Birth: January 30, 1951
Email: kotlikoff@iep.ru

Education

  • 1973 – B.A. Economics, University of Pennsylvania,
  • 1977 – Ph.D. Economics, Harvard University

Academic Experience

  • 1977 – present     Research Associate, National Bureau of Economic Research,
  • 1977–1980     Post Doctoral Fellow, University of California, Los Angeles,
  • Fall 1978, Fall 1983     Visiting Scholar, National Bureau of Economic Research,
  • 1980–1981     Assistant Professor, Yale University,
  • 1981–1984     Associate Professor, Yale University,
  • 1980–1984     Research Associate, Cowles Foundation, Yale University,
  • 1981–1982     Senior Economist, President's Council of Economic Advisors,
  • 1984     Visiting Fellow, The Hoover Institution,
  • 1986–1989 and 2001–2005     Professor, Boston University, 1984 – present   Department Chairman,
  • 1990-1991 - Visiting Professor, Massachusetts Institute of Technology.

Honors, Scholarships and Fellowships

  • 1973     Summa Cum Laude, University of Pennsylvania,
  • 1973     Phi Beta Kappa,
  • 1973–1977     Harvard University Scholarship,
  • 1975     Board of Governors, Federal Reserve System, Student Intern,
  • 1976–1977     Hoover Foundation Fellowship,
  • 1977–1980     Foundation for Research in Economics, Post Doctoral Fellowship,
  • 1980 – present     Research Associate, The National Bureau of Economic Research
  • 1992 – present     Fellow of the Econometric Society,
  • 1998     Houblon-Norman Fellow, The Bank of England,
  • 1997–2002     Member of the Executive Committee, The American Economic Association,
  • 2001-2002 - Member of the Nominating Committee, The American Economic Association,
  • 1999     Kirby Distinguished Visiting Professor, Texas A&M University,
  • 1999 – present     Research Fellow, CESifo,
  • May 2002 - Delivered the Caroli Lectures, Universidad Torcutato di Tella, Buenos Aires,
  • December 2003 - Lecturer at the 35th NAKE Workshop,
  • 2005 – present - Fellow of the American Academy of Arts & Sciences,
  • 2006 – present Senior Fellow, National Center for Policy Analysis,
  • Recipient of the 2009 RIIA Award for Achievement in Applied Retirement Research,
  • 2009 - Named a William Fairfield Warren Professor of Boston University,
  • 2012 - Visiting Fellow of the New Zealand Reserve Bank and Victoria University.

Professional Associations and Activities

  • 1978–1981     Consultant, U.S. Department of Labor,
  • 1981–1984     Associate Editor, American Economic Review,
  • 1983     Visiting Scholar, International Monetary Fund, August-September,
  • Most years since 1985     Consultant, The World Bank,
  • June-July, 1988     Visiting Scholar, International Monetary Fund,
  • 1988     Consultant, OECD,
  • January 1989     Consultant, International Monetary Fund,
  • 1989     Consultant, Swedish Ministry of Finance,
  • 1990–1991     Consultant, The Bank of Italy,
  • 1991     Consultant, The Joint Tax Committee,
  • 1993     Consultant, Norwegian Ministry of Finance,
  • 1991–1995     Consultant, The World Bank,
  • 1993     Consultant, The Bank of Japan,
  • 1993–1994, 1998, 2001     Consultant, Merrill Lynch,
  • 1994–1998     Associate Editor, The Japanese Economic Review,
  • 1994     Consultant, Fidelity Investments,
  • 1993–1996, 2002     Consultant, The Government of Bolivia,
  • 1995     Consultant, The New Zealand Treasury,
  • 1995     Consultant, The American Council of Life Insurance,
  • 1997–1998     Consultant, H.M. Treasury,
  • 1999 - Consultant, The Government of Bulgaria,
  • 1997, 1998, and 1999     Co-Director, HIID and EDI Workshop on Pension Reform,
  • 2000     Consultant, The Government of Russia,
  • 2000     Consultant, The Government of China,
  • 2002 – present     Consultant, AT&T,
  • 2002       Member, Joint Committee on Taxation, Blue Ribbon Panel on Dynamic Scoring.

Congressional Testimony

•    1981 - Testimony, Senate Finance Committee, U.S. Congress,
•    1983 - Testimony, Senate Labor Subcommittee on Pensions,
•    1989 - Testimony, House Ways and Means Committee,
•    1990 - Testimony, Senate Finance Committee,
•    1991 - Testimony, Senate Finance Committee, Subcommittee on the Deficit,
•    1992 - Testimony, Joint Economic Committee,
•    1993 - Testimony, Senate Finance Committee,
•    1995 - Testimony, Senate Finance Committee,
•    1995 - Testimony, House Ways and Means Committee,
•    1995 - Testimony, Joint Economic Committee,
•    1996 - Testimony, House Budget Committee,
•    1996 - Testimony, Senate Labor and Human Resources Subcommittee on Aging,
•    1997 - Testimony, House Ways and Means Committee, Subcommittee on Social Security,
•    1999 - Testimony, House Budget Committee, Subcommittee on Social Security,
•    2000 - Testimony, House Ways and Means Committee,
•    2000  - Testimony, House Budget Committee,
•    2011 - Testimony, House Ways and Means Committee.

PUBLICATIONS:

Books

  • The Economic Consequences of the Vickers Commission, Civitas, 2012.
  • The Clash of Generations – Saving Ourselves, Our Children, and Our Economy (with Scott Burns), MIT Press, 2012.
  • Jimmy Stewart is Dead – Ending the World's Ongoing Financial Plague with Limited Purpose Banking. John Wiley and Sons, 2010.
  • Spend ‘Til the End – The Revolutionary Guide to Raising Your Living Standard, Today and When You Retire, Simon & Schuster, (with Scott Burns), 2008.
  • The Healthcare Fix – Universal Insurance for All Americans, MIT Press, 2007.
  • The Coming Generational Storm, (with Scott Burns), MIT Press, 2004.
  • Generational Policy, The 2002 Caroli Lectures, MIT Press, 2003.
  • Essays on Saving, Bequests, Altruism, and Life-Cycle Planning, MIT Press, 2001.
  • Generational Accounting Around the World, co-edited with Alan Auerbach and Willi Leibfritz, NBER volume, University of Chicago Press, 1999.
  • Macroeconomics: An Integrated Approach Second Edition, (with Alan Auerbach), MIT Press, 1998.
  • Macroeconomics: An Integrated Approach (with Alan Auerbach), Southwestern Publishing Co., 1994.
  • Generational Accounting, The Free Press, 1992.
  • What Determines Savings, MIT Press, 1989.
  • The Wage Carrot and the Pension Stick: Retirement Benefits and Labor Force Participation (with David Wise), The W. E. Upjohn Institute for Employment Research, 1989.
  • Dynamic Fiscal Policy (with Alan Auerbach), Cambridge University Press, 1987.
  • Pensions in the American Economy (with Daniel Smith), University of Chicago Press, 1983.

Articles in Books

  • “Generational Policy and Aging in Closed and Open Dynamic General Equilibrium Models,” (with Hans Fehr, Sabine Jokisch, Manuel Kallweit, and Fabian Kindermann) in Dale Jorgenson and Peter Dixon, eds., The Handbook of Computational General Equilibrium Modeling, , forthcoming Elsevier, North Holland, 2012.
  • “The U.S. Fiscal Gap and Its Troubling Implications,” in Michael G. Abbott, Charles M. Beach, Robin W. Boadway, and James G. MacKinnon, Retirement Policy Issues in Canada, John Deutsch Institute, Queens University, 2009.
  • “The Intergenerational Conflict – Apres le Deluge,” in Growth, Demography, Finance: From Economic Breakdowns to New Balances, Actes des Rencontres Economiques d’Aix-en-Provence 2009, Le Cercle des Economistes, 2009.
  • “On the General Relativity of Fiscal Language,” (with Jerry Green), in Alan J. Auerbach and Daniel Shaviro, eds., Key Issues in Public Finance – A Conference in Memory of David Bradford, Harvard University Press, 2009.
  • “Would the Fair Tax Raise or Lower Marginal and Average Tax Rates,” (with David Rapson), forthcoming in John Diamond and George Zodrow, eds., Fundamental Tax Reform: Issue, Choices, and Implications, MIT Press, 2008.
  • “Is Conventional Financial Planning Good for Your Financial Health?” in Zvi Bodie, Dennis McLeavey, and Laurence B. Siegel, The Future of Life-Cycle Saving and Investing, The Research Foundation of CFA Institute, 2007. Also forthcoming in Private Wealth: Advances in Wealth Management Practices, New York, NY, John Wiley & Sons, 2008.

See more >>>

 Articles in Journals

  • “What Does the Corporate Income   Tax? A Simple Model Without Capital” (with Jianjun Miao), Annals of Economics and Finance, forthcoming 2013.
  • “Why Aren’t Developed Countries Saving?” (with Isabella Dobrescue and Alberto Motta),European Economic Review, forthcoming 2013.
  • “Limited Purpose Banking – From “Trust Me” to “Show Me” Banking”, (with Christophe Chamley and Herakles Polemarchakis), American Economic Review, May 2012.
  • “The Excess Burden of Government Indecision,” (with Francisco Gomes and Luis Viceira), Tax Policy and the Economy, NBER, volume 26, October 2011.
  • “Fixing Social Security: What Would Bismarck Do?,” National Tax Journal, June 2011.
  • “Global Growth, Aging and Inequality Across and Within Generations,” (with Hans Fehr and Sabine Jokisch), The Oxford Review of Economic Policy, 2010.
  • “Fixing Healthcare Before It Fixes Us,” The Socioeconomics of Health Care and the Practice of Urology,” Kevin R. Loughlin, ed., Urologic Clinics of North America, 36 (1), February 2009, 29-36.
  • "How Regional Differences in Taxes and Public Goods Distort Life Cycle Location Choices," (with Christian Hagist and Bernd Raffelheuschen), Hacienda Publica Espanola, 2009.
  • “Who's Going Broke? Comparing Growth in Public Health Expenditure in ten OECD Countries,” (with Christian Hagist),Hacienda Publica Espanola, 2009.
  • “Pension Reform as the Triumph of Form over Substance,” The Economists’ Voice, January 2008.
  • “Fertility, Mortality and the Developed World's Demographic Transition,” (with Hans Fehr and Sabine Jokisch), Journal of Population Modeling, 2008.
  • “Optimal Life-Cycle Investing with Flexible Labor Supply: A Welfare Analysis of Life-Cycle Funds,” (with Francisco J. Gomes and Luis M. Viceira), American Economic Review, May 2008.
  • “Economics’ Approach to Financial Planning,” The Journal of Financial Planning, March 2008.
  • “Does It Pay, at the Margin, to Work and Save? – Measuring Effective Marginal Taxes on Americans’ Labor Supply and Saving,” (with David Rapson), Tax Policy and the Economy, NBER volume, MIT Press, volume 21, 2008.

See more >>>

Unpublished Articles

  • “Game Over: Simulating Unsustainable Fiscal Policy,” (with Richard W. Evans and Kerk L. Phillips), NBER Working Paper, No. 17917, March 2012.
  • “Why Aren’t Developed Countries Saving?” (with Loretti Dobrescue and Alberto Motta), NBER working paper 14580, December 2008.
  • “Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers,” (with Hans Fehr and Sabine Jokisch), NBER working paper 14527, December 2008.
  • “The True Cost of Social Security,” (with Alex Blocker and Steve Ross), Boston University, NBER working paper 14427, October 2008.
  • “The Impact on Consumption and Saving of Current and Future Fiscal Policies,” (with Katherine Carmen and Jagadeesh Gokhale), NBER working paper no. 10085, November 2003.
  • "Economic Exchange and Support Within U.S. Families," NBER working paper no. 4080, May 1992.
  • "Changes in the Age Distribution of Income in the United States, 1968-1984," (with Michael Boskin and Michael Knetter), October 1985.
  • “The International Economics of Transitional Growth," (with Edward Leamer and Jeffrey Sachs), NBER Working Paper No. 773, September 1981.

Op-Eds and Policy Pieces

•    “U.S. Is “Totally Broke”: Federal Govt.’s Fiscal Gap Is $222 Trillion: Economist,” The Daily Ticker, July 31, 2012.
•    “Social Security Hole Overwhelms Taxes, Cuts,” Bloomberg, July 11, 2012.
•    “Vickers is not enough to stop another Libor Scandal,” Financial Times, July 9, 2012.
•    “Start Saving or Get Ready for U.S. Decline,” Bloomberg , December 29, 2011.
•    “Save Europe by Saving No to Bank Borrowing,” Bloomberg , December 13, 2011.
•    “The Cure for an Uncoordinated Economy,” Bloomberg , November 29, 2011.
•    “Some Deficit Magic for the Supercommittee,” Bloomberg , November 15, 2011.
•    “Deficit Accounting Is a Generational Ponzi Scheme,” The Fiscal Times , November 11, 2011.
•    “Governor Rick Perry’s Generational Rip-Off:” Bloomberg , November 2, 2011.
•    “Economists Can’t Be Trusted on Tax Plans,” Bloomberg , October 25, 2011.
•    “A Fair Accounting of Herman Cain’s 9-9-9 Tax,” Bloomberg , October 19, 2011.
•    “Euro’s Affordable Salvation, in Five Steps,” Bloomberg , October 11, 2011.
•    “Five Prescriptions to Heal Economy,” Bloomberg , October 9, 2011.
•    “A Purple Memo for the Red and Blue Super Committee,” Fiscal Times , September 23, 2011.
•    “America's debt woe is worse than Greece's,” CNN Opinion Piece , September 20, 2011.
•    “To Save Euro, Turn Banks Into Mutual Funds,” Bloomberg , September 13, 2011.
•    “A Tax Reform to Kick Start the Economy,” Bloomberg , August 30, 2011.
•    “U.S. Government Merits a Junk Credit Rating,” Bloomberg , August 16, 2011.
•    “Generational Balance, Not Budget Balance,” Bloomberg , August 2, 2011.
•    “A Third Party Candidate Is Coming,” Bloomberg , July 19, 2011.
•    “Stop the Fiscal War Against Our Children, Now!,” Bloomberg , June 29, 2011.
•    “Voucher Care Is the Right Name for Medicare,” Bloomberg , June 15, 2011.
•    “Mutual Funds Can Replace Fannie, Freddie,” Bloomberg , June 1, 2011.
•    “Obama, Ryan, Gingrich Muddle Health Debate,” Bloomberg , May 19, 2011.
•    “Make Drug Use Pay Its Own Way,” (with Glenn Loury), Bloomberg , May 10, 2011.
•    “Left, Right Can Love Tax Plan,” (with Andrew Weiss), Bloomberg , April 27, 2011.
•    “Obama Might Trade Parties With Paul Ryan,” Bloomberg , April 18, 2011.
•    “U.S. Squabbles Over Peanuts to Protect Elderly,” Bloomberg , April 12, 2011.
•    “U.S. Fiscal Meltdown in Spitting Distance,” Bloomberg , April 5, 2011.
•    “Nuclear Power Runs Amok,” (with Gene Stanley), Bloomberg , March 21, 2011.
•    “Study This Too See Whether Harvard Pays Off,” Bloomberg , March 8, 2011.
•    “When Pretending Fails to Hide Bankruptcy,” Bloomberg , February 22, 2011.
•    “How to Fix Mortgage Mess in Three Steps,” Bloomberg , January 13, 2011.
•    “Health Law’s Demise May Permit Better Plan,” Bloomberg , December 28, 2010.
•    “Ireland Must End ‘Trust-Me’ Banking System,” Bloomberg , December 6, 2010.
•    “Deficit Panel Ignores $153 Trillion Hole,” Bloomberg , November 15, 2010.
•    “U.S. Must Cut China Slack on Yuan Value,” Bloomberg , November 9, 2010.
•    “U.S. Debt Is Child Abuse,” (with Richard Munroe, Bloomberg , October 21, 2010.
•    “Poor Kid on Block Gets Fleeced by Elderly,” Bloomberg , September 23, 2010.
•    “Retiree Ponzi Scheme Is $16 Trillion Short,” Bloomberg, August 24, 2010.
•    “U.S. Is Bankrupt and We Don’t Even Know It,” Bloomberg, August 10, 2010.
•    “Uncle Sam has Worse Woes than Greece,” Financial Times, July 25, 2010.
•    “Restoring Trust In Our Economy,” (with James S. Henry), Forbes, July 21, 2010.
•    “Get A Bigger Social Security Check Now,” Forbes, July 19, 2010.
•    “Financial Reform, R.I.P.,” (with James S. Henry), Forbes, July 15, 2010.
•    “What's A Fair Divorce Settlement?,” Forbes, July 7, 2010.
•    “The Do-It-Yourself Roth Conversion Calculator,” (with Daniel Royer), Forbes, April 26, 2010.
•    “Goldman Snake Oil Won't Have to Break Buck,” Bloomberg, April 19, 2010.
•    “Medicare Part C For All - How to implement universal health care without bankrupting the nation,” Forbes, February 17, 2010.
•    “The Number: Retirement Planning Gone Wrong,” Forbes , January 22, 2010.
•    “Does Moving For A Job Make Sense?,” (with Daniel Royer), Forbes , December 8, 2009.
•    “How To Take Moral Hazard Out of Banking,” (with Niall Ferguson), The Financial Times, December 2, 2009.
•    “Back to Basics,” (with John Goodman), The New Repulic, May 14, 2009.
•    “Should You Move In With Your Mom?,” Forbes , May 10, 2009.
•    “Raising Retiree Clients' Living Standards,” May 1, 2009.
•    “A Banking System We Can Trust,” (with Edward Learner), Forbes , April 23, 2009.
•    “Run on the Banks Persistent Risk Without LPB,” Bloomberg.com, April 16, 2009.
•    “Scrap the Summers-Geithner Plan,” The Boston Globe, April 7, 2009.
•    “Resurrect Your Retirement,” Forbes , April 7, 2009.
•    “The Geithner-Summers Plan Is Worse than You Think,” (with Jeffrey Sachs), The Financial Times Economists' Forum, April 5, 2009.
•    “Limited Purpose Banking,” (with Christophe Chamley), The American Interest, April 2009.
•    “How to Fix U.S. Healthcare,” RGEMonitor.com, Economists' Forum, March 15, 2009.
•    “Mutual Funds Can Serve as a Pattern for Our Financial System,” (with Scott Burns), The Dallas Morning News, March 15, 2009.
•    “Is the U.S. Going Broke?,” Forbes, March 4, 2009.
•    “Limited Purpose Banking – Putting an End to Financial Crises,” (with Christophe Chamley), The Financial Times, Economists’ Forum, January 27, 2009.
•    “Finally, System-Risk Insurance,” (with Perry Mehrling), The Financial Times, Economists’ Forum, November 24, 2008.
•    “Economic War Calls for Full Plan of Battle,” Bloomberg.com, November 13, 2008.
•    “Social Security for the Young,” (with Scott Burns), The Dallas Morning News, November 2, 2008.
•    “Recapitalising the Banks is Not Enough,” (with Perry Mehrling and Alister Milne),Financial Times.com, October 26, 2008.
•    “Clearing the Way for Low-Cost Biogenerics,” The Boston Globe, October 26, 2008.
•    “Getting an Economic Grip,” (with Scott Burns), The Dallas Morning News, October 19, 2008.
•    “Running a National Sale,” RGE Monitor, October 25, 2008.
•    “Disaster Insurance is the Answer,” (with Perry Mehrling), FinancialTimes.com, October 10, 2008.
•    “No Depression This Time, Uncle Sam Has Got Our Back,” (with Perry Mehrling), The Washington Post, October 9, 2008.
•    "Going Bust," Forbes, September 19, 2008.
•    “Is the U.S. Going Broke,” Forbes, September 11, 2008.
•    “Prize for Being the Biggest Liar Is: Taxpayers Foot the Bill” (with Scott Burns), DallasMorning News, September 28, 2008.
•    “The Right Financial Fix,” (with Perry Mehrling), RGE Monitor, September 25, 2008.
•    “Bagehot plus RFC: the Right Financial Fix,” (with Perry Mehrling), FinancialTimes.com, September 25, 2008.
•    “Stimulating Innovation in the Biologics Industry: A Balanced Approach to Marketing Exclusivity,” September 2008.
•    “Double Dipping on Social Security,” Private Wealth Management News Letter, June 1, 2008.
•    “The Emperor’s Dangerous Clothes,” The Economists’ Voice, April 2008.
•    “Insider Ratings Have Eroded Trust in Wall Street,” (with Scott Burns), The Boston Globe, March 30, 2008.
•    “Why Democrats Should Love the FairTax,” The Boston Globe, February 24, 2008.
•    “To Roth or Not – That is the Question,” (with David Rapson and Ben Marx), January 2008.
•    “Why the FairTax Will Work – Bartlett’s Unfair Attack on the FairTax,” Tax Notes, February 4, 2008.
•    “Pension Reform as the Triumph of Form Over Substance,” The Economists’ Voice, January 2008.
•    “We Are All Uninsured Now,” The Boston Globe, August 28, 2007.
•    “Averting America’s Bankruptcy with a New New Deal,” The Economists’ Voice, 2006.
•    “Only Feasible Solution is Reducing Spending,” The Nashville Tennessean, June 12, 2007.
•    “Why Target Practice Equals Malpractice,” Investment News, June 9, 2007.
•    “Enlisting Iraqis to Rebuild their Country,” The Boston Globe, April 11, 2007.
•    “The Great Pension Swindle,” The Boston Globe, November 23, 2006.
•    “Rethinking Your Investment Risk,” Consumer Reports Money Adviser, November 2006.
•    “Drifting to Future Bankruptcy,” The Philadelphia Inquirer, October 22, 2006
•    “The Time to Plan Is Now,” Time Magazine, July 2, 2006.
•    “Health Care Spending – What the Future Will Look Like,” (with Christian Hagist), The National Center for Policy Analysis, April 2006.
•    "Financial Advisers Miss Mark by Ignoring Dynamic Method,” (with Scott Burns), The Dallas Morning News, April 25, 2006
•    "Risking a Standard of Living,” (with Scott Burns), The Dallas Morning News, April 23, 2006
•    "What’s the Price of Retiring Early?" (with Scott Burns), The Dallas Morning News, April 18, 2006
•    “A Smoother Way to Save for Your Future,” (with Scott Burns), The Boston Globe, April 16, 2006
•    “Planners Benefit When We Take Risks,” (with Scott Burns),
The Dallas Morning News, April 11, 2006
•    "Financial Planning 2.0” (with Scott Burns), The Dallas Morning News, April 9, 2006
•    “Grading the President’s Tax Reform Panel," Economists Voice, April 2006
•    “Get Real About Retirement,” (with Scott Burns), The Dallas Morning News, April 2, 2006.
•    “Averting America’s Bankruptcy with a New New Deal,” The Economists’ Voice, February 14, 2006.
•    “PSS: One Way Of Reforming the Pension System,” (with Shuanglin Lin and Wing Thye-Woo), China Daily, December 5, 2005.
•    “Benefits Without Bankruptcy – The New New Deal,” (with Niall Ferguson), The New Republic, August 15, 2005.
•    “Why Can’t the World Bank Be More Like a Bank?” (with James Henry), The Wall Street Journal, June 1, 2005.
•    “Thinking Outside the Box,” (with Hans Fehr, John Goodman, and Sabine Jokisch), The National Center for Policy Analysis, April 2005.
•    “The Case for the ‘FairTax’” The Wall Street Journal, March 7, 2005.
•    “Don’t Make Our Kids Pay for Our Mess,” The Washington Post, December 13, 2004.
•    “The End of Social Security? Don’t Reform It, Replace It,” The Boston Globe, November 21, 2004.
•    “Fixing Medicare,” Forbes Magazine, December 13, 2004.
•    “How to Fix Taxes and Social Security,” The Washington Post, November 7, 2004.
•    “The Cheap Drug Trap,” The Boston Globe, June 21, 2004.
•    “Fiscal Policy and the Future of the Euro,” the Cato Journal, Spring/Summer 2004.
•    “Why Things Could Get Really Bad,” Fortune Magazine, forthcoming, May 24, 2004.
•    “Telephone Regulation Could Cost Consumers,” The Boston Globe, March 13, 2004.
•    “A Telecom Tutorial for the Heritage Foundation”, Tech Central Station, April 23, 2004.
•    “A Telecom Tutorial for George Gilder”, Tech Central Station, March 15, 2004.
•    “Monopoly Matters”, Tech Central Station, October 31, 2003.
•    “BU Board Must Heal the Split”, The Boston Globe, October 31, 2003.
•    “Going Critical – American Power and the Consequences of Fiscal Overstretch”, (with Niall Ferguson), The National Interest, Fall 2003.
•    “Phone Deregulation Needs 2nd Step,” The Dallas Morning News, June 2, 2003.
•    “No Economic Sense,” Tech Central Station, February 11, 2003.
•    “The Fiscal Overstretch that Will Undermine an Empire,” (with Niall Ferguson), TheFinancial Times, July 15, 2003.
•    “An Economic ‘Menu of Pain’”, (with Jeffrey Sachs), the Boston Globe, May 19, 2003.
•    “Does It Pay Both Spouses to Work?” (with Jagadeesh Gokhale), National Center for Policy Analysis, Policy Report, May 2003.
•    “Does It Pay to Work?” (with Jagadeesh Gokhale), National Center for Policy Analysis, Policy Report, March 2003.
•    “Outing the Bells,” The Boston Globe, May 3, 2003.
•    “Resolution for 2003: Real Telephone Competition in State,” The Chattanooga Times, January 12, 2003.
•    “Broadband: Breaking the Logjam,” Milken Review, First Quarter 2003.
•    “What Japan Must Do,” (with Alan Auerbach), Nihon Keizai Shimbun (Japanese Business News), November 2002.
•    “Tax-Favored Savings Accounts: Who Gains? Who Loses?,” National Center for Policy Analysis, Policy Report, January 2002.
•    “Solution for Argentina is Right on the Money,” (with Juan Pablo Nicolini), Los Angeles Times, June 30, 2002.
•    “The Adequacy of Life Insurance,” (with Jagadeesh Gokhale), Research Dialogue, TIAA-CREF, No. 72, July 2002.
•    “Is War Between Generations Inevitable?” (with Jagadeesh Gokhale), National Center for Policy Analysis, Policy Report, November 2001.
•    “Medicare, Social Security, and the Calm Before the Generational Storm,” (with Jagadeesh Gokhale), The Milkien Review, 2001.
•    “The Baby Boomers’ Mega-Inheritance – Myth or Reality,” (with Jagadeesh Gokhale), Economic Commentary, The Federal Reserve Bank of Cleveland, October 1, 2000.
•    “Look Abroad to Solve the Pensions Crisis,” The Financial Times, April 25, 2000.
•    “Privatizing Social Security the Right Way,” The Independent Review, V (1), Summer 2000.
•    “Surplus? What Surplus?” The Financial Times, February 21, 2000.
•    “Living High At Our Children’s Peril,” The Los Angeles Times, January 21, 2000.
•    “Privatizing Social Security,” National Center for Policy Analysis, Policy Report, July 1998.
•    “Fix Social Security for Good,” The Los Angeles Times, (with Jeffrey Sachs), April 5, 1998.
•    “How to Save Social Security,” The Boston Globe, April 27, 1998.
•    “Saving Social Security,” in Jobs and Capital, The Milkien Institute, 1998.
•    “Deficit? What Deficit?”(with Kevin Kliesen), The Weekly Standard, April 28th, 1997.
•    “It’s High Time to Privatize,” (with Jeffrey Sachs), The Brookings Review, Summer 1997.
•    “It’s High Time to Privatize,” in Social Security Reform, Federal Reserve Bank of Boston Conference Series, June 1997.
•    “Rescuing Social Security,” Challenge, November-December 1996.
•    “Federal Debt: Rising Burden on Our Children,” Investor’s Business Daily, Aug 26, 1996.
•    “Generational Accounting,” NBER Reporter, Winter 1995/6.
•    “Should We Tax Consumption and If So, How?” Jobs and Capital, Milken Institute, Spring 1995.
•    “The Grandkids Better Start Worrying,” The Wall Street Journal, Nov 28, 1994.
•    “Beggar Our Children,” Economic Times, The Conference Board, March 1994.
•    “The Clinton Health Plan & Future Generations,” The American Enterprise, Nov/Dec 1993.
•    “Health Plan Funding: ‘Smoke and Mirrors’,” Newsday, Sept 24, 1993.
•    “How Much Will Our Kids Pay?,” The Margin, Fall 1993.
•    “Thoughts on Generational Equity,” Modern Maturity, Oct/Nov 1992.
•    “Taxes: Future Shock,” The New York Times, June 10, 1992.

 

Blogs

•    “Obama, Romney and the Fiscal Gap,” The Exchange,Yahoo! Finance, August 13, 2012.
•    “I'd Run Barclays For $1 Million,” Forbes , July 11, 2012.
•    “Putting an End to Faith-Based Banking,” Forbes , July 7, 2012.
•    “25 Social Security ‘Secrets’ All Baby Boomers and Millions of Current Recipients Need to Know,” Huffington Post, July 2, 2012.
•    “Did Justice Roberts Read My Blog?” Huffington Post, June 29, 2012.
•    “We Are Our Children's Keepers,” Huffington Post, June 28, 2012.
•    “Could a Greek Bank Run Go Global?” Huffington Post, May 14, 2012.
•    “Krugman's Macroeconomic Rants,” Huffington Post, May 14, 2012.
•    “Saving Face or Saving Lives? When Will Obama Lead?” Huffington Post, May 10, 2012.
•    “Making More Jobs in Our Economy -- The Secret Sauce,” Huffington Post, May 6, 2012.
•    “President Obama's Peace With Honor?” Huffington Post, May 3, 2012.
•    “The Clash of Generations,” Huffington Post, May 2, 2012.
•    “Under-Thirty Eyes Only,” Huffington Post, April 30, 2012.
•    “Tom Friedman Should Run for President,” Huffington Post, April 19, 2012.
•    “Time for a Serious Third Party Candidate,” Huffington Post, April 11, 2012.
•    “Pro Golfers Should Boycott Augusta 'National' Golf Club,” Huffington Post, April 9, 2012.
•    “Strip Search Ruling Is Outrageous,” Huffington Post, April 6, 2012.
•    “Both Parties Are Engaged in Fiscal Child Abuse,” Huffington Post, April 5, 2012.
•    “A True Limiting Principle for the Supreme Court Justices,” Huffington Post, April 3, 2012.
•    “Veterans and Service Member Benefits -- A Deal's a Deal,” Huffington Post, April 2, 2012.
•    “Gail Collins' Worst Column,” Huffington Post, April 1, 2012.
•    “Justice Kennedy Asks Key Question Re: Obamacare(s) Mandate,” Huffington Post, March 29, 2012.
•    “When Billionaires Say Stupid, Dangerous Things,” Huffington Post, March 23, 2012.
•    “Women's Rights, Fetuses' Rights, and States' Rights,” Huffington Post, March 22, 2012.
•    “Jeff Sachs Is the Best Choice for President of the World Bank,” Huffington Post, March 22, 2012.
•    “The Fed's No Stress Stress Test,” Huffington Post, March 14, 2012.
•    “Time to Leave Afghanistan,” Huffington Post, March 13, 2012.
•    “Taking Social Security's Best Deal,” Huffington Post, March 12, 2012.
•    “My VP Pick: Former Vice Chairman of the Joint Chiefs of Staff, Ret. Admiral Williams Owens,” Huffington Post, March 5, 2012.
•    “A Follow-up On Iran,” Huffington Post, February 20, 2012.
•    “Time for Congress to Authorize Use of Force Against Iran,” Huffington Post, February 10, 2012.
•    “The Purple Tax Plan,” Huffington Post, February 7, 2012.
•    “Why I'm Running for President,” Huffington Post, February 2, 2012.