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, is a partner with the Focus Consulting Group. He has been a chief strategist on a global macro hedge fund as well as a CIO in charge of manager due diligence and asset allocation for a multi-billion-dollar advisory. Mr. Falk has also taught at DePaul University in the Certified Financial Planner (CFP) Certificate Program. In addition, he is the author of the CFA Institute Research Foundation book, Let’s All Learn How to Fish . . . to Sustain Long-Term Economic Growth, on entitlement policies for sustainable economic growth. Mr. Falk is also part of the CFA Institute Approved Speaker List and a contributing member in the Financial Management Association’s Practitioner Demand Driven Academic Research Initiative group, and he teaches on behalf of CFA Society Chicago in its CFA Institute Investment Foundations™ certificate program. He is frequently quoted in the financial press. Mr. Falk holds the Certified Retirement Counselor (CRC) designation and a BS in finance from the University of Illinois.

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Book Information

Published by The CFA Institute Research Foundation

131 pages

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