Public pension plans are the focus of this week’s The Far Middle podcast. Nick explains why public pension plans are a big deal. The annual benefit payments from these plans represents roughly 1.5% of U.S. GDP. Unfortunately public pension plans are in escalating financial trouble as liabilities increase and funding decreases. Nick argues that managers and leaders of these funds have lost their fiduciary compass, and that compass has been replaced by “the Leech way.”
As the Far Middle enters 2025, this New Year's episode examines the evolving economics of baseball, comparing the 1954 New York Giants with today's...
The Far Middle episode 77 celebrates two of the NHL’s greatest defensemen, number 77’s Paul Coffey and Ray Bourque. Nick reflects on how Coffey...
The Far Middle episode 71 is dedicated to a sports trio, spanning from the diamond to the gridiron to the rink. Nick salutes the...
