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From the desk of John Taft...

The Arc of Hope Linked-In

January 20, 2015  |  Originally published at LinkedIn.

“The moral arc of the universe is long, but it bends towards justice.” This month’s release of the movie Selma, and the Oscar buzz accompanying it, reminds us of the spellbinding oratorical capabilities of Dr. Martin Luther King, Jr., who is widely credited (by President Obama, no less) with the quote at the top of this blog…

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Big Idea 2015: Enlightened Finance – The Ghost of Finance Yet to Come Linked-In

December 18, 2014  |  Originally published at LinkedIn.

As we inch closer to yet another New Year, my hope is that 2015 will be the year that we begin to embrace a new incarnation of financial capitalism: “Enlightened Finance.”

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Train Wreck in Slow Motion (Part V): The Retirement Savings Crisis Linked-In

October 22, 2014  |  Originally published at LinkedIn.

Earlier this month, a Wall Street Journal op-ed by Andrew Biggs and Sylvester Schieber (“The Imaginary Retirement-Income Crisis,” which reprised their January article, “Retirees Aren’t Headed for the Poor House”) attempted to debunk the long held belief that Americans lack adequate retirement savings. Their methodology, which is built around the notion of “career average earnings,” is flawed and their conclusions are dangerously misleading.

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America’s Foreign Language: Finance Linked-In

September 29, 2014  |  Originally published at LinkedIn.

A recent article in The New Yorker magazine drew an analogy between the religious elite in ancient Egypt—who maintained a secret system for recording and projecting flood levels in the Nile River (called “Nileometers”) – and today’s financial elite…

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Commentary: Five Years After We Broke the Buck
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