It wasn’t that long ago when retiring in one’s 50s was an achievable goal. But with life expectancy steadily rising and pension systems doomed to fall short, the prospects for an early retirement are fading fast. Olivia Mitchell wrote the book on retirement and modern pension research and has spent her career helping people improve their financial literacy. Mitchell is a Professor of Economics and Public Policy at the Wharton School of the University of Pennsylvania. She sat down with journalist Rhoda Metcalfe to discuss the challenges of today’s economy for Americans planning their golden years.
Transcript: https://bit.ly/49snKUp
John Maynard Keynes was one of the most influential economists of the 20th century and the father of modern macroeconomics. His novel lectures at King’s College, Cambridge, inspired economists and policymakers of the time and continues to do so a hundred years later. In this podcast, IMF Managing Director Kristalina Georgieva delivers a speech inspired by one of Keynes’ lectures to a young audience at the very same King’s College.
Transcript and webcast: https://bit.ly/3Tv4lfi
Economists build models based on basic assumptions of human behavior. But people are complicated, right? Do Germans who grew up on opposite sides of the Berlin Wall make the same financial decisions today? Ulrike Malmendier is a behavioral economist whose innovative research has shown that experiential learning rewires the brain to make decisions based on past experiences. In this podcast, Malmendier and Journalist Rhoda Metcalfe discuss how behavioral economics is helping to build better economic models.
Transcript: https://bit.ly/3x3sWjZ
Read New Lessons from Behavioral Economics at IMF.org/fandd
Countless resources and billions of dollars have been directed at poverty alleviation over the decades and yet almost 10 percent of the world’s population is still struggling to survive... not only in developing countries but in rich countries too. Why do so many anti-poverty efforts fall short? Martin Kalisa says there is more to poverty than income, and poor people can help design projects that are more likely to succeed. Kalisa is the Deputy Director of ATD Fourth World, an anti-poverty organization that builds research teams that include poor people to better understand their needs. Kalisa took part in a conference on the Hidden Dimensions of Poverty hosted by the World Bank and the IMF.
Transcript: https://bit.ly/4a3Hcra