From the New York Times. A Hot Job Market Is Causing Labor Pains for State Governments. The article is on state and local governments struggling to find workers in the tight labor market. The first example is from South Carolina. The job is peanut inspector. The hire is 62 years old. For people like Cynthia… Continue reading Signs that employers are rethinking the benefits of experience. About time, too.
Former Federal Reserve Board Chairman Paul Volcker’s remark that the ATM represents the height of financial innovation in recent decades is mostly right. I would add broad-based index funds and online banking to the list. But Volcker’s deep distrust of financial engineering is spot-on. I thought about his dismissive comment after reading a recent news… Continue reading Keep investments simple
For an article at Next Avenue, I recently spoke with Robert Kramer about what he sees ahead for retirement housing and the challenges developers face to make their communities and facilities more inviting to older Americans. For a glimpse into the future of retirement communities and — pardon the odious term — “senior housing,” you… Continue reading Retirement housing