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This week, EconoFact Chats features an abridged version of the EconoFact Ask Me Anything Webinar held on April 22nd, featuring Maurice Obstfeld, former Chief Economist at the IMF, and a member of the Council of Economic Advisors. Maury answers questions on the role of international trade in the US economy, tariffs and their consequences, dollar weakness, and prospects for the U.S. and the global economy. EconoFact's monthly Ask Me Anything Webinars are exclusively available to our Premium Subscribers. The modest $50 annual fee for becoming a Premium Subscriber supports EconoFact and its efforts to bring timely, accessible, unbiased, and nonpartisan analyses on important economic and social policy issues to the public. You can sign-up for a Premium Subscription at https://secure.touchnet.net/C21525_ustores/web/store_main.jsp?STOREID=157
This EconoFact Chats episode is an abridged version of the EconoFact Ask Me Anything Webinar held on March 26th that featured John Campbell (Harvard), one of the leading authorities on finance and financial markets. John addressed questions on stock market performance, the links between financial markets and the broader economy, the need for consumer financial protection, and strategies for personal financial security. John's forthcoming book is 'Fixed: Why Personal Finance is Broken and How to Make it Work for Everyone.' EconoFact's monthly Ask Me Anything Webinars are exclusively available to our Premium Subscribers. The modest $50 annual fee for becoming a Premium Subscriber supports EconoFact and its efforts to bring timely, accessible, unbiased, and nonpartisan analyses on important economic and social policy issues to the public. You can sign-up for a Premium Subscription at https://secure.touchnet.net/C21525_ustores/web/store_main.jsp?STOREID=157
Use fact-finding and open communication to learn your clients' budget and coverage needs. We've got statistics, tips, and strategies for agents to help clients navigate today's financial environment. Read the text version Contact the Agent Survival Guide Podcast! Email us ASGPodcast@Ritterim.com or call 1-717-562-7211 and leave a voicemail. Resources: Does Your Medicare Sales Approach Satisfy Different Budgets? https://ritterim.com/blog/does-your-medicare-sales-approach-satisfy-different-budgets/ How to Check Medicare Extra Help Eligibility for Your Client: https://ritterim.com/blog/how-to-check-medicare-extra-help-eligibility-for-your-client/ How to Keep Clients Safe From Insurance Fraud: https://ritterim.com/blog/how-to-keep-clients-safe-from-insurance-fraud/ Knight School Training: Cross-Selling Long-Term Care Insurance: https://ritterim.com/knight-school/expand-dominate/cross-sell/7/ Knight School Training: D-SNP Eligibility: https://ritterim.com/knight-school/solid-foundation/understanding-special-needs-plans/3/ Knight School Training: Understand What's Important to Your Client: https://ritterim.com/knight-school/learning-to-sell/assessing-needs/7/ Ritter Fact Finder PDF: https://ritterim.com/documents/ritter-fact-finder.pdf Why Trust Is an Insurance Agent's Most Important Non-Renewable Resource: https://ritterim.com/blog/why-trust-is-an-insurance-agents-most-important-non-renewable-resource/ References: Lee, Anne Marie. “Americans Are Spending the Biggest Share of Their Income on Food in 3 Decades.” CBS News, CBS Interactive, 26 Feb. 2024, www.cbsnews.com/news/inflation-consumer-spending-food-and-restaurants-disposable-income-2024/. “Cost of Long Term Care by State: Cost of Care Report.” Genworth, Genworth Financial, Inc, https://www.genworth.com/aging-and-you/finances/cost-of-care. Accessed 1 Aug. 2024. “Federal Poverty Level (FPL) - Glossary.” HealthCare.Gov, https://www.healthcare.gov/glossary/federal-poverty-level-fpl/. Accessed 1 Aug. 2024. “Food Prices and Spending.” USDA ERS - Food Prices and Spending, USDA, 27 June 2024, www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/?topicId=2b168260-a717-4708-a264-cb354e815c67. Committee of the Future Health Care Workforce for Older Americans, et al. “Health Status and Health Care Service Utilization.” Retooling for an Aging America: Building the Health Care Workforce, National Academic Press (US), Washington D.C., 2008, https://www.ncbi.nlm.nih.gov/books/NBK215400/. Accessed 1 Aug. 2024. Jayashankar, Aparna, and Anthony Murphy. “High Inflation Disproportionately Hurts Low-Income Households.” Federal Reserve Bank of Dallas, Federal Reserve Bank of Dallas, 10 Jan. 2023, www.dallasfed.org/research/economics/2023/0110. “How Much Care Will You Need?” ACL Administration for Community Living, 18 Feb. 2020, https://www.acl.gov/ltc/basic-needs/how-much-care-will-you-need. Pollitz, Karen, et al. “KFF Survey of Consumer Experiences with Health Insurance.” KFF, KFF, 19 Dec. 2023, www.kff.org/private-insurance/poll-finding/kff-survey-of-consumer-experiences-with-health-insurance/. Alex Cottrill, Juliette Cubanski. “Income and Assets of Medicare Beneficiaries in 2023.” KFF, KFF, 9 Feb. 2024, www.kff.org/medicare/issue-brief/income-and-assets-of-medicare-beneficiaries-in-2023/. Klein, Michael. “Inflation and Prices.” Econofact, Econofact, 12 Feb. 2024, econofact.org/inflation-and-prices. Glasmeier, Amy K. “New Data Posted: 2023 Living Wage Calculator.” Living Wage Calculator, Massachusetts Institute of Technology, 1 Feb. 2023, https://livingwage.mit.edu/articles/103-new-data-posted-2023-living-wage-calculator. Taaka, Brian. “The Power of Reading the Room: A Vital Skill for Success in Life and Business.” LinkedIn, LinkedIn, 13 July 2023, https://www.linkedin.com/pulse/power-reading-room-vital-skill-success-life-business-brian-taaka. Klien, Michael. “U.S. Inflation Trends and Outlook in 2024.” Forbes, Forbes Magazine, 12 Feb. 2024, www.forbes.com/sites/forrester/2024/02/02/us-inflation-trends-and-outlook-in-2024/. Miglani, Jitender. “US Inflation Trends and Outlook, 2024.” Forrester, Forrester, 28 Jan. 2024, www.forrester.com/blogs/us-inflation-trends-and-outlook-2024/. Follow Us on Social! Ritter on Facebook, https://www.facebook.com/RitterIM Instagram, https://www.instagram.com/ritter.insurance.marketing/ LinkedIn, https://www.linkedin.com/company/ritter-insurance-marketing TikTok, https://www.tiktok.com/@ritterim X, https://twitter.com/RitterIM and Youtube, https://www.youtube.com/user/RitterInsurance Sarah on LinkedIn, https://www.linkedin.com/in/sjrueppel/ Instagram, https://www.instagram.com/thesarahjrueppel/ and Threads, https://www.threads.net/@thesarahjrueppel Tina on LinkedIn, https://www.linkedin.com/in/tina-lamoreux-6384b7199/
Economies have been subjected to profound disruptions from technological change in the past -- from the adoption of weaving machines in the 19th century, to the mechanization of agriculture, and the use of robotics in manufacturing. Yet, these disruptions very often led to a broad increase in societal wealth, and the creation of entirely new occupations. Will generative AI both disrupt and benefit economies? Michael Strain joins EconoFact Chats to make a case for AI optimism, highlighting how America's experiences with technology-driven disruption have proved a net benefit historically. Mike is the Director of Economic Policy Studies, and the Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. He is also a member of EconoFact's board of advisors.
Economies have been subjected to profound disruptions from technological change in the past -- from the adoption of weaving machines in the 19th century, to the mechanization of agriculture, and the use of robotics in manufacturing. Yet, these disruptions very often led to a broad increase in societal wealth, and the creation of entirely new occupations. Will generative AI both disrupt and benefit economies? Michael Strain joins EconoFact Chats to make a case for AI optimism, highlighting how America's experiences with technology-driven disruption have proved a net benefit historically. Mike is the Director of Economic Policy Studies, and the Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. He is also a member of EconoFact's board of advisors.
A center-right economic policy agenda has traditionally meant a focus on lower marginal tax rates, fiscal prudence, an openness to immigration, free trade and globalization. In recent years however, there has been significant change in the Republican Party's stance on some of these issues -- especially trade and immigration. Michael Strain of the American Enterprise Institute (AEI) joins EconoFact Chats to highlight some of the factors driving these changes, and to discuss whether current Republican views on trade and immigration are likely to stay over coming election cycles Michael is the Director of Economic Policy Studies, and the Arthur F. Burns Scholar in Political Economy at AEI. He also serves on EconoFact's Board of Advisors.
A center-right economic policy agenda has traditionally meant a focus on lower marginal tax rates, fiscal prudence, an openness to immigration, free trade and globalization. In recent years however, there has been significant change in the Republican Party's stance on some of these issues -- especially trade and immigration. Michael Strain of the American Enterprise Institute (AEI) joins EconoFact Chats to highlight some of the factors driving these changes, and to discuss whether current Republican views on trade and immigration are likely to stay over coming election cycles Michael is the Director of Economic Policy Studies, and the Arthur F. Burns Scholar in Political Economy at AEI. He also serves on EconoFact's Board of Advisors.
Founded with the mandate of overseeing a stable international currency system in the Bretton Woods era, over the last decades, the International Monetary Fund (IMF) has seen its role shift to coordinating debt relief. Often, such debt relief has been contingent on spending cuts, and other measures that put a stressed country's balance sheet on more stable footing. IMF conditionality is viewed by some as necessary medicine, and by others, as punitive. But how did the IMF come to be the arbitrator of crisis countries' policies? How does the IMF operate? And has it been capable of self-analysis, and when necessary, change its approach? Charles Collyns joins EconoFact Chats to discuss these issues. A Senior Advisor at EconoFact, Charles previously served as the Director of the Independent Evaluation Office at the International Monetary Fund, and before that, as Chief Economist at the Institute of International Finance. He was the Assistant Secretary for International Finance at the US Treasury Department from 2010 to 2013.
Bob Seidenschwarz from the Montana World Affairs Council invited Michael Klein to the show. Klein is the William L. Clayton Professor of International Economics Affairs at the Fletcher School, Tufts University and a Research Associate of the National Bureau of Economic Research. He is also the Founder and Executive Editor of EconoFact.
D.W. Griffith's 1915 film The Birth of a Nation, a fictional portrayal of the KKK's founding, is America's first blockbuster. It's also a film laden with racist overtones, and, as Desmond Ang of Harvard University highlights in a recent American Economic Review article, a film that has had marked effects on racially-motivated violence. Desmond joins EconoFact to discuss how the relative novelty of cinema at the turn of the 20th century, and the limited number of counties that had the wherewithal to show films, make it possible to identify how screenings of The Birth of a Nation increased the frequency of racial violence, and support for the KKK. He also highlights how news, and entertainment media today might be polarizing audiences. Desmond is an Assistant Professor of Public Policy at the Kennedy School at Harvard University.
D.W. Griffith's 1915 film The Birth of a Nation, a fictional portrayal of the KKK's founding, is America's first blockbuster. It's also a film laden with racist overtones, and, as Desmond Ang of Harvard University highlights in a recent American Economic Review article, a film that has had marked effects on racially-motivated violence. Desmond joins EconoFact to discuss how the relative novelty of cinema at the turn of the 20th century, and the limited number of counties that had the wherewithal to show films, make it possible to identify how screenings of The Birth of a Nation increased the frequency of racial violence, and support for the KKK. He also highlights how news, and entertainment media today might be polarizing audiences. Desmond is an Assistant Professor of Public Policy at the Kennedy School at Harvard University.
Michael W. Klein is the William L. Clayton Professor of International Economic Affairs. He served as the chief economist in the Office of International Affairs of the United States Department of the Treasury from 2010-2011. He is a research associate of the National Bureau of Economic Research, and the founder, research director, and co-executive editor of EconoFact, a website that provides economic analysis on timely policy issues (econofact.org).
This week Rob is joined by Bob, Josh, and special guest Michael Klein Professor of International Economic Affairs at the Fletcher School at Tufts University, and Executive Editor of Econofact. Professor Klein served as the Chief Economist in the Office of International Affairs of the United States Department of the Treasury from 2010- 2011 and has been a visiting scholar at several financial institutions including the IMF, the Federal Reserve, and the Bank of England. Michael and the team discuss the current inflationary climate and other economic issues. Econofact Website: https://econofact.org/
Every Thursday since America started locking down to prevent the spread of the deadly coronavirus, a tragic new number is released: the latest unemployment claims. Tens of millions of Americans have already filed for unemployment, and that number is likely to keep going up. Professor Anna Gassman-Pines lays out who is most affected by the dramatic economic downturn we’re seeing, what job losses mean for children, families, and entire communities, and how policymakers can help buffer against some of the worst effects of this economic crisis. For more on this topic: Check out Gassman-Pines’ memo with Professor Elizabeth Ananat for Econofact, Snapshot of the COVID Crisis Impact on Working Families Read her previous opinion piece for NJ.com, Long-term unemployment assistance helps families, communities
International and Economic Affairs Professor Michael Klein of the Fletcher School at Tufts University and co-founder of EconoFact joins Dan to discuss our current economic state-of-affairs, what we have to look forward to, and how we can bounce back.
In this episode of OA on Health Care, Joe speaks with Michael Klein, Professor at the Fletcher School, Tufts University and Executive Editor of EconoFact. EconoFact is a non-partisan publication designed to bring key facts and incisive analysis to the national debate on economic and social policies.
No Podcast Rio Bravo desta semana, conversamos com o professor Michael Klein, editor-executivo do Econofact, publicado pelo Edward R. Murrow Center for Digital World, na Fletcher School (Tufts University). No ar desde janeiro de 2017, o Econofact é uma iniciativa digital que tem como objetivo oferecer análises relacionadas ao debate econômico e às políticas públicas nos Estados Unidos. Para tanto, o site conta com a colaboração de uma ampla rede de economistas, que são especialistas renomados em diferentes áreas do conhecimento. Num momento em que os experts parecem confrontados pelo ruído das fake news e da pós-verdade, o entrevistado defende que a análise fundamentada de temas correlatos à economia e às políticas públicas pode, sim, proporcionar um ganho efetivo para o entendimento da audiência, sobretudo para os formadores de opinião, em relação aos assuntos que importam. Nesse sentido, um dos exemplos se dá quando Michael Klein critica a política comercial do governo Trump: “Ter um déficit comercial não é demonstração de fraqueza econômica”. Entrevista (em inglês) gravada em 13 de março de 2018.
No Podcast Rio Bravo desta semana, conversamos com o professor Michael Klein, editor-executivo do Econofact, publicado pelo Edward R. Murrow Center for Digital World, na Fletcher School (Tufts University). No ar desde janeiro de 2017, o Econofact é uma iniciativa digital que tem como objetivo oferecer análises relacionadas ao debate econômico e às políticas públicas nos Estados Unidos. Para tanto, o site conta com a colaboração de uma ampla rede de economistas, que são especialistas renomados em diferentes áreas do conhecimento. Num momento em que os experts parecem confrontados pelo ruído das fake news e da pós-verdade, o entrevistado defende que a análise fundamentada de temas correlatos à economia e às políticas públicas pode, sim, proporcionar um ganho efetivo para o entendimento da audiência, sobretudo para os formadores de opinião, em relação aos assuntos que importam. Nesse sentido, um dos exemplos se dá quando Michael Klein critica a política comercial do governo Trump: “Ter um déficit comercial não é demonstração de fraqueza econômica”. Entrevista (em inglês) gravada em 13 de março de 2018.
For undocumented youth, the chance to receive legal status would be a life changer. Professor Amy Hsin shows how legalization could encourage young immigrants to get a college degree and even reduce the national deficit, all without threatening the wages of U.S. born workers. For More on this Topic: Read Hsin’s opinion piece in The Hill, How the DREAM Act Can Actually Lower the Deficit Check out an Econofact memo on her research, The Economic Gains from Legalizing DREAMers Further Reading: How Restrictive Immigration Measures Undermine the Mental Health of Latino Migrants, Whitney L. Duncan, University of Northern Colorado Educational Aspirations and Realities for the Children of Immigrants in France and the United States, Amy Lutz, Syracuse University, Yaël Brinbaum, Conservatoire National des Arts et Métiers