Clash of Generations Saving Ourselves, Our Kids, and Our Economy

ISBN-10: 0262526107

ISBN-13: 9780262526104

Edition: 2014

List price: $16.95 Buy it from $3.00
eBook available
30 day, 100% satisfaction guarantee

If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.

Learn more about our returns policy


The United States is bankrupt, flat broke. Thanks to accounting that would make Enronblush, America's insolvency goes far beyond what our leaders are disclosing. The United States is afiscal basket case, in worse shape than the notoriously bailed-out countries of Greece, Ireland, andothers. How did this happen? In The Clash of Generations, experts LaurenceKotlikoff and Scott Burns document our six-decade, off-balance-sheet, unsustainable financingscheme. They explain how we have balanced our longer lives on the backs of our (relatively few)children. At the same time, we've been on a consumption spree, saving and investing less thannothing. And that's not to mention the evisceration of the middle class and a financial system thathas proven it can't be trusted. Kotlikoff and Burns outline grassroots strategies for savingourselves--and especially our children--from what could be a truly catastrophic financial collapse.Kotlikoff and Burns sounded the alarm in their widely acclaimed The Coming GenerationalStorm, but politicians didn't listen. Now the need for action is even more urgent. It's upto us to demand radical reform of our tax system, our healthcare system, and our Social Securitysystem, and to insist on better paths to investment return than those provided by Wall Street(mis)managers. Kotlikoff and Burns's "Purple Plans" (so called because they will appeal to bothRepublicans and Democrats) have been endorsed by a who's who of economists and offer a new wayforward; and their revolutionary investment strategy for individuals replaces the idea of financialcapital with "life decision capital." Of course, we won't be doing all this just for ourselves. Weneed to fix America's fiscal mess before our kids inheritit.
Used Starting from $10.62
New Starting from $14.84
eBooks Starting from $16.99
Buy eBooks
what's this?
Rush Rewards U
Members Receive:
You have reached 400 XP and carrot coins. That is the daily max!
Study Briefs

Limited time offer: Get the first one free! (?)

All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.

Customers also bought

Book details

List price: $16.95
Copyright year: 2014
Publisher: MIT Press
Publication date: 2/14/2014
Binding: Paperback
Pages: 288
Size: 5.75" wide x 8.50" long x 0.50" tall
Weight: 0.792
Language: English

Laurence J. Kotlikoff, one of the nation's leading experts on fiscal policy, national saving, and personal finance and a columnist for Bloomberg, is Professor of Economics at Boston University. His writings and views appear in Forbes, the Economist, the Financial Times, the Wall Street Journal, the New York Times, and other leading media outlets.

Scott Burns's personal finance column has been nationally syndicated since 1981.

Free shipping on orders over $35*

*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.

Learn more about the TextbookRush Marketplace.