Challenging Your Confirmation Bias, with Economist Larry Kotlikoff
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 29 July 2021
⏱️ 65 minutes
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Summary
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| 0:00.0 | You can afford anything but not everything. |
| 0:11.2 | Every choice that you make is a trade-off against something else, and that doesn't just |
| 0:14.9 | apply to your money, that applies to any limited resource that you need to manage. |
| 0:19.2 | Like your time, your focus, your energy, your attention, saying yes to something, implicitly |
| 0:25.0 | means accepting the trade-offs that come with saying no to all other alternative opportunities, |
| 0:31.8 | and that opens up two questions. |
| 0:33.8 | First, what do you prioritize and second, how do you align your decision-making to reflect |
| 0:41.0 | that which you prioritize? |
| 0:43.4 | Answering those two questions is a lifetime practice, and that's what this podcast is |
| 0:48.2 | here to explore and facilitate. |
| 0:50.4 | My name is Paula Pant, I am the host of the Affordable Care Foundation's Afford Anything Podcast, |
| 0:54.5 | for as much as we talk about money, it occurred to me that we have never had an expert in economics |
| 1:01.5 | on this show. |
| 1:03.0 | And so today's guest is not only a professor of economics at Boston University, but also |
| 1:10.4 | he has been named one of the world's 25 most influential economists by the economist magazine. |
| 1:19.5 | Professor Lawrence Kotlikoff is a fellow of the American Academy of Arts and Sciences, |
| 1:24.1 | a fellow of the econometric society, president of economic security planning, incorporated, |
| 1:31.0 | and the director of the Fiscal Analysis Center. |
| 1:34.4 | He has written 19 books and hundreds of professional articles. |
| 1:38.3 | He's a New York Times bestselling author, and his columns have appeared in the Wall Street |
| 1:41.8 | Journal, The New York Times, The Financial Times, The Boston Globe, Bloomberg, Forbes, Fortune, |
| 1:47.2 | and many other major publications. |
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