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 Nick argues that managers and leaders of these funds have lost their fiduciary compass, and that compass has been replaced by “the Leech way.”
In Far Middle episode 198, Nick opens with a tribute to one of the NFL’s most violent games—the early November 1984 matchup between the...
Episode 32 is dedicated to the awesome Jim Brown, while no saint, Nick describes him as “the purest of athletes.” There’s a lot of...
In this episode of “The Far Middle” podcast, Nick introduces the four different jobs and professions in society. On one side are Creators, Enablers...