Let’s All Learn How to Fish . . . to Sustain Long-Term Economic Growth

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Today’s economic growth challenges will become greater in the future because of the world’s aging population, fertility trends and current levels, and current entitlement policies. Those challenges could be overcome, however, with thoughtful public policies and a culture that fosters responsibility and appreciation. This book reconsiders what makes us “healthy, wealthy, and wise.” It focuses on how we might reimagine health care, retirement, and education policies to usher in a new ERA (from Entitlement to Responsibility with Appreciation) of sustainable long-term economic growth.

About the Author(s)

Michael S. Falk, CFA
Michael S. Falk CFA

Michael S. Falk, CFA, is a partner at Focus Consulting Group and specializes in helping investment teams improve their decision making and helping investment firms with their strategic planning and firm succession. He has been a chief strategist for a global macro hedge fund and a chief investment officer in charge of manager due diligence and asset allocation for a large advisory. Mr. Falk’s background includes extensive asset allocation research, portfolio development expertise, and a multifaceted understanding of behavioral finance and retirement issues. He is the author of the CFA Institute Research Foundation monograph Let’s All Learn How to Fish . . . to Sustain Long-term Economic Growth. Mr. Falk is a co-author of Money, Meaning, and Mindsets. He is on the CFA Institute Approved Speaker List and on the Board of Regents for the CFA Institute Seminar for Global Investors. Mr. Falk has taught on behalf of CFA Society Chicago for its Foundations of Investing program and at DePaul University for its Certified Financial Planner Certificate Program. He has been a contributing member of the Financial Management Association’s Practitioner Demand Driven Academic Research Initiative group. Mr. Falk is frequently quoted in the financial press.

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