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 Nick argues that managers and leaders of these funds have lost their fiduciary compass, and that compass has been replaced by “the Leech way.”
The Far Middle episode 72 honors the 1972 Miami Dolphins. Now 50 years since the Dolphins achieved their perfect 17-0 season, no team has...
As The Far Middle episode 110 takes the field on June 28th, Nick goes back to today in 1957 for this episode’s sports dedication....
In this fourth episode of The Far Middle, Nick examines professions that have a proud history and play a vital role in society, but...