From chapter 3 of the book:
21 Aug
Nonsense Factory (4) Legal Economics: Putting a Price on Priceless
From chapter 8 of the book:
20 Aug
How bad is the state and local pension crisis really?
Last month the Brookings Institution looked into that question for which they came up with research paper and concluded ” on the whole, state and local pension systems in the U.S. are not facing in an imminent crisis.”
Some interesting charts interspersed with convenient naivete that allows them to arrive at their predetermined terminus (do nothing) follows.
18 Aug
Nonsense Factory (1): Introduction
Subtitled “The Making and Breaking of the American Legal System” I will only get through this lengthy, though what promises to be be worthwhile, book in stages starting with the Preface and Introduction and proceeding through chapters by my level of interest.
16 Aug
NIRS Seeking Purpose
Last week I noted the duplicity of a report released by the National Institute on Retirement Security (NIRS) looking to scare public plan sponsors away from moving employees from Defined Benefit to Defined Contribution plans. Today Jane the Actuary made a few more salient points concluding with:
