26 Facts About Laurence Kotlikoff

Laurence Jacob Kotlikoff was born on January 30,1951 and is a Professor of Economics at Boston University, a William Warren Fairfield Professor at Boston University, a Fellow of the American Academy of Arts and Sciences, a Research Associate of the National Bureau of Economic Research, a Fellow of the Econometric Society, and a former Senior Economist on the President's Council of Economic Advisers.

Laurence Kotlikoff has done work on Social Security, healthcare, tax, banking reform, inequality within and across generations, fiscal progressivity, carbon policy, and the potential risks of government Ponzi schemes even when a government safe interest rate is routinely lower than its growth rate.

Laurence Kotlikoff's columns have appeared in the New York Times, the Wall Street Journal, Bloomberg, Forbes, the PBS NewsHour, the Financial Times, the Boston Globe, Yahoo, CNBC, and other major outlets.

Laurence Kotlikoff is a frequent guest on numerous podcasts and radio shows.

Laurence Kotlikoff is routinely quoted by the media on a wide range of economic issues.

Laurence Kotlikoff attempted to run for President of the United States in the 2012 election, and sought the nominations of the advocacy group Americans Elect and the Reform Party of the United States before ending his campaign in May 2012 when Americans Elect ceased operations.

Laurence Kotlikoff ran for president in 2016 as an independent alongside his Vice President, Dr Edward Leamer, a renowned economist at UCLA.

Laurence Kotlikoff achieved ballot-access in 38 states, making him one of only six people in the country that could be legally elected president.

Laurence Kotlikoff's campaign garnered major press from Bloomberg, The Wall Street Journal, The Boston Globe, and other major outlets.

Laurence Kotlikoff's stated goal in running for President was to provide an economics-based policy-reform platform.

Laurence Kotlikoff's thesis examined, in a life-cycle simulation model, the impact of intergenerational redistribution on the long-run position of the economy.

Laurence Kotlikoff studied whether the rich spend a larger or smaller share of their lifetime resources than do the poor.

Laurence Kotlikoff wrote a widely cited paper with Lawrence Summers questioning the importance of saving for retirement in determining total US wealth accumulation.

The generational accounting and fiscal gap accounting developed by Auerbach, Gokhale, and Laurence Kotlikoff is a means of assessing the sustainability of fiscal policy and how different countries intend to treat their progeny.

The Auerbach-Laurence Kotlikoff model is widely used by economists to study the transition paths of closed as well as open economies as well as the dynamic impact of fiscal and other policies.

The most recent use of the Auerbach-Laurence Kotlikoff model has been to study, together with economists Felix Kubler, Andrey Polbin, and Simon Scheidegger, the economics of carbon change, particularly the optimal uniformly welfare-improving carbon-tax policy.

In 1984, Laurence Kotlikoff wrote a fundamental paper entitled "Deficit Delusion", which appeared in The Public Interest.

Laurence Kotlikoff chose the title of his paper with Green not to suggest in the slightest any comparison of intellect with Einstein, but rather because of what seemed to him to be a strikingly similar message about confusing linguistics for substance.

Laurence Kotlikoff has written that the economic future is bleak for the United States without tax reform, health care reform, and Social Security reform in his book The Coming Generational Storm and other publications.

Laurence Kotlikoff has been a supporter of the FairTax proposal as a replacement for the federal tax code, contributing to research of plan's effects and the required rate for revenue neutrality.

In 2010, Laurence Kotlikoff offered his own tax proposal, titled the Purple Tax, a consumption levy that he says cleans up some problems with the FairTax.

Laurence Kotlikoff's proposed reform of the financial system, discussed in Jimmy Stewart Is Dead, called Limited Purpose Banking, transforms all financial companies with limited liability, including incorporated banks, insurance companies, financial exchanges, and hedge funds, into pass-through mutual funds, which do not borrow to invest in risky assets, but, instead, allows the public to directly choose what risks it wishes to bear by purchasing more or less risky mutual funds.

Laurence Kotlikoff argues that the current Medicare program is unsustainable and that we have no choice but to embrace a plan with vouchers.

In January 2012, Laurence Kotlikoff announced his plans to run as a third party candidate for President of the United States in 2012.

Laurence Kotlikoff said he would seek the presidential nomination of the non-partisan advocacy group Americans Elect.

Laurence Kotlikoff announced in May that he would seek the nomination of the Reform Party of the United States, but ended the bid after the Americans Elect board decided to not field a 2012 presidential ticket.