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How Larry Kotlikoff Would Fix the Financial System (BusinessWeek)

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BusinessWeek – The publishing world is too slow for Laurence J. Kotlikoff. On a frigid January day, the 58-year-old Boston University economist is pecking away at his computer keyboard in his airy office overlooking the Charles River. Kotlikoff’s forthcoming book, Jimmy Stewart is Dead, calls for a radical — and swift — reorganization of the financial system. So rather than wait for the book’s Feb. 22 publication date, Kotlikoff is e-mailing PDF versions to dozens of economists, journalists, and policymakers. “We have miscreants running the financial system left, right, and center,” says Kotlikoff. . . .

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