Either we pay the government's bills, or we leave them for our kids to pay. It's that simple.
Laurence KotlikoffThe United States has experienced high rates of inflation in the past and appears to be running the same type of fiscal policies that engendered hyperinflations in 20 countries over the past century.
Laurence KotlikoffI hope the new health care exchanges created under the Affordable Care Act will provide some help.
Laurence Kotlikoff