The New Harold Pollack

The New Harold Pollack

I should have seen this coming, but still it makes me sad. Harold Pollack’s 4 x 6 index card of financial advice was perhaps the most read, cited and tweeted RBC post in history. It drew coverage from Washington Post, Money Magazine, Vanguard and Motley Fool among many, many others. It is now a book that is getting tremendous press everywhere.

I thus understand Harold’s decision to move on from RBC to take up a regular investment advice column at Wall Street Journal and a “Pollack’s Mad Money” television show on CNBC, which fired Jim Cramer today to make room for Harold. Congratulations my friend, you will be missed.

However, with every ending comes a new beginning, so it is therefore time to welcome Larry Kudlow to RBC. Larry will have big shoes to fill, but is strongly committed to writing here about poverty, inequality and the need to expand the social welfare net and raise taxes on the wealthy. The only thing holding him back so far has been that he doesn’t know any poor people, but Harold, gracious in transition, has agreed to introduce to him to one very soon.

[Cross-posted at The Reality-Based Community]

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Keith Humphreys is a Professor of Psychiatry at Stanford University and served as Senior Policy Advisor in the White House Office of National Drug Control Policy in the Obama Administration. @KeithNHumphreys