Archive: Uncategorized
In recent decades, public pension plans in the United States have changed how they take on risk. At the turn of the century, their risky investments were primarily in public equities, whereas alternative assets – like private equity, real estate, and hedge funds – accounted for just 14 percent of all risky investments…
In a recent Risking Old Age in America podcast, I had a fascinating discussion with Israel (Issi) Doron, chair of the Department of Gerontology at the University of Haifa in Israel, about the differences in the systems of elder care in our two countries. Unlike the United States, Israel provides up to 20 hours a week of fr…
