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Latest Issues

AI isn’t just cutting jobs, it’s also cutting off retirement savings. But How?

This week’s essay comes together with a major contribution from Megan Carnegie, one of my favorite writers on technology, work, and business through the lens of younger generations’ struggles and intergenerational inequality. You may have c...

25 days ago
4

Can affordable housing save American pensions?

In a previous post, we explored how the retirement savings of the average American worker helped finance SpaceX and other AI giants, inflating valuations not only when a stock is added to an index, but at every stage (in SpaceX’s case, that...

a month ago
4

Pensions in Space

These days, everyone is weighing in on the SpaceX IPO. What we do not often see, though, is a joint letter from three of the biggest U.S. pension funds stepping in, seemingly trying to prevent it. Also unprecedented are the new fast-entry i...

2 months ago
8

Are Trump accounts a good idea?

Should parents and policymakers ensure children get their fair share of market growth, even if it means taking money from them now and locking it away until adulthood? Or is it better to spend those dollars now, while kids are growing?

In...

5 months ago
8

The pension crowd-out in action

LAUSD, my children’s school district and the 2nd largest in the US, has just announced a mass layoff amid a $1.6B deficit. Meanwhile, the California teachers’ pension fund, CalSTRS, with $400B in assets, has closed a record year, growing by...

5 months ago
6

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  • Masha Liberman

    Redesigning institutional capital to close the intergenerational wealth gap

  • Ilya Inozemtsev

    like to write about stuff sometimes

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