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 Nick argues that managers and leaders of these funds have lost their fiduciary compass, and that compass has been replaced by “the Leech way.”
Far Middle episode 194 is another exploration of multiple interconnected topics, beginning with a tribute to Constantine "Cus" D'Amato, a legendary boxing trainer and...
The Far Middle episode 98 begins with a look back on the origin of April Fools' Day, which coincides with the sweet sound of...
In The Far Middle episode 16, Nick begins by reflecting on the BBC’s television series “Connections,” hosted by James Burke. Nick goes on to...