I say we are just insecure. Or uninformed. Or panicky. Or lots of things.
As a elixir, book readers are buying Get What’s Yours: The Secrets to Maxing Out Your Social Security (Simon & Schuster, 2015) by Laurence J. Kotlikoff, Philip Moeller, and Paul Solman.
Here is where the book stands on Amazon.com as I write this today:
- #3 in Books (See Top 100 in Books)
- #1 in Books > Business & Money > Taxation > Personal
- #1 in Books > Business & Money > Accounting
- #1 in Books > Politics & Social Sciences > Politics & Government > Public Affairs & Policy > Social Security
Laurence J. Kotlikoff is William Fairfield Warren Distinguished Professor and a professor of economics at Boston University. He is also president of Economic Security Planning, Inc., a company specializing in financial planning software. His company websites are ESPlanner.com and MaximizeMySocialSecurity.com. He is author or co-author of sixteen books, including Spend ‘Til the End and The Coming Generational Storm (both with Scott Burns). His work has appeared in The New York Times, The Wall Street Journal, The Financial Times, Bloomberg, Forbes, The Economist, Huffington Post, and other major publications. He has served as a consultant to the International Monetary Fund, the World Bank, governments around the world, and major U.S. corporations including Merrill Lynch, Fidelity Investments, and AON. In addition, he has provided expert testimony on numerous occasions to committees of Congress. He lives in Boston.
Philip Moeller writes about retirement for Money magazine, the PBS website Making Sen$e, and other media outlets. He is also a research fellow at the Sloan Center on Aging & Work at Boston College, and the founder of Insure.com, a site for insurance information that has provided original insurance content to the Web’s leading business portals, including Microsoft, Yahoo, America Online, and MarketWatch. Formerly a contributing editor at U. S. News & World Report, he has spent forty years as an award-winning financial journalist, Internet entrepreneur, and corporate communications executive for a Fortune 500 financial services firm. He lives in Richmond, Virginia.
Paul Solman is the longtime business and economics correspondent for The PBS NewsHour. His many awards for work in business journalism include Emmys, Peabodys, and a Loeb award. He is also a Brady-Johnson Distinguished Practitioner at Yale University, where he teaches in the Grand Strategy course, as well as teaching at New Haven’s Gateway Community College. He has been a member of the Harvard Business School faculty and a visiting professor at his alma mater, Brandeis. Solman has written for numerous publications, from Forbes to Mother Jones, co-authored (with Thomas Friedman) Life and Death on the Corporate Battlefield, and wrote the introduction to Morrie: In His Own Words, created entirely from interviews with his former Brandeis sociology professor, Morrie Schwartz (of “Tuesdays with Morrie” fame). He lives in Newton, Massachusetts.
We won’t have this book at the First Friday Book Synopsis in Dallas, as we don’t include individual-based finance books in our monthly coverage.
But that doesn’t mean that plenty of our attendees will find this important to read. While they won’t identify themselves, I am sure we get some people who are insecure, uninformed, and panicky about their retirement years. Maybe they. and many others will find this book a great relief to that anxiety.
The United States has long moved away from being a manufacturing-oriented society toward one that is knowledge-based and service-oriented. Most of the manufacturing work that employees performed with their hands has now been replaced by machines and technology.
In the book that I will present on Friday, April 2 at the First Friday Book Synopsis in Dallas, author Matthew B. Crawford provides a unique perspective on the value of doing work the old-fashioned way: with your hands.
The book, Shop Class as Soulcraft: An Inquiry into the Value of Work, published by Penguin Press, is quite a surprise coming from this author’s background. He holds a Ph.D. in political philosphy from the University of Chicago. His greatest interest, however, is running his independent motorcycle shop, Shockoe Moto, in Richmond, Virginia. You will have to admit that is quite an interesting combination.
Even more surprising is where you find this book. Despite its title that includes “work,” you will not locate it in the business section of the bookstore. I found it in the philosophy section. That is consistent with the author’s background, but not with the subject matter. Make no mistake about it – this is a business book.
You will find yourself questioning the worth of turning everyone into a “knowledge worker,” which he claims comes from a misguided separation of thinking from doing, and from working with the hands from the mind.
Perhaps from a throwback perspective, you will find this refreshing.
Look for the summary soon at 15MinuteBusinessBooks.com.