Pioneering policy leadership in a transformative era

With the European Parliament and U.S. elections looming, Europe is facing policy uncertainties on both sides of the Atlantic. Persistent geopolitical turmoil in Ukraine and the Middle East, and threats to democracy — coupled with concerns over slow economic recovery, demographic shifts, climate hazards and the rapid evolution of powerful AI — all add to the complex global political and economic landscape. Europe’s present and future demands leaders who are capable of effectively navigating multifaceted challenges.

At the European University Institute (EUI) in Florence, we are committed to developing a groundbreaking executive program that prepares professionals for multilevel policymaking of the 21st century. Our new EUI Global Executive Master (GEM) aims to transform policy professionals into agents of change and enhance their skills as effective managers and leaders who inspire and drive sustainable change.

Listening and responding to the needs of policy professionals is at the core of our new program.

New leaders wanted

George Papaconstantinou is dean of executive education of the European University Institute, and a former Minister of Finance and Minister of Environment and Energy of Greece. | via European University Institute

Just as public policy has changed in the past 20 years, so has executive education for public policy professionals. Listening and responding to the needs of policy professionals is at the core of our new program. The new GEM takes our commitment to training professionals to respond to today’s cross-border issues to the next level; it stands out from other executive master programs through its dedication to providing a personalized career development journey.

Launching in September 2024, the GEM has a two-year, part-time format, with three week-long study periods in Florence, and two additional visits to global policy hubs. This format, combined with online modules, allows policy professionals to integrate full-time work commitments with professional growth and peer exchange, building their knowledge, skills, and networks in a structured way.

This allows policy professionals to integrate full-time work commitments with professional growth and peer exchange.

During the first year, EUI GEM participants take four core modules that will set the basis for a comprehensive understanding of the complex task of policymaking, and its interaction with government, the economy and global trends. In the second year, they have the possibility to select courses in one or more of four specializations: energy and climate; economy and finance; tech and governance; and geopolitics and security.

These core and elective courses are complemented by intensive professional development modules and workshops aimed at enhancing skills in the critical areas of change management, project management, strategic foresight, leadership, negotiations, policy communications, and media relations.

Through the final capstone project, EUI GEM participants will address real policy challenges faced by organizations, including their own, proposing solutions based on original research under the guidance of both the organizations concerned and EUI faculty.

In addition, the program includes thematic executive study visits for in-depth insights and first-hand practical experience.

In addition, the program includes thematic executive study visits for in-depth insights and first-hand practical experience. Participants attend the EUI State of the Union Conference in Florence, a flagship event that brings together global leaders to reflect on the most pressing issues of the European agenda. They explore the role of strategic foresight in EU institutions’ policy planning through an executive study visit to Brussels, complemented by dedicated training sessions and networking opportunities. A final Global Challenge study visit aims to encourage participants to engage with local policy stakeholders.

Bridging academia and practice

Since its inaugural executive training course in 2004, the EUI has successfully trained over 23,000 professionals of approximately 160 nationalities, in almost 600 courses. The EUI GEM leverages this expertise by merging the academic and practical policy expertise from our Florence School of Transnational Governance and the Robert Schuman Centre, as well as the academic excellence in the EUI departments.

The EUI GEM’s aspiration to bridge the gap between academia and practice is also reflected in the faculty line-up, featuring leading academics, private-sector experts, and policymakers who bring invaluable expertise into a peer-learning environment that fosters both learning and exchange with policy professionals.

Effective, agile and inclusive governance involves interaction and mutual learning between the public sector, the private sector and civil society actors, all acting as change agents. That is why our program is designed to bring innovative perspectives on public policy from all three: the public and the private sector, as well as civil society, and we welcome applications from all three sectors. 

An inspiring environment

EUI GEM participants spend 25 days in residence at the magnificent Palazzo Buontalenti, headquarters of our Florence School of Transnational Governance. The former Medici palace harbors art-historical treasures in the heart of Florence. In September 2024, a dedicated executive education center will be inaugurated at Palazzo Buontalenti, coinciding with the arrival of the participants of the first GEM cohort.

The GEM is poised to redefine the standards for executive education and empower a new generation of policy practitioners. We are ambitious and bold, and trust that our first cohort will be, too. After all, they are the first to embark on this adventure of a new program. We can’t wait to welcome them here in Florence, where the journey to shape the future begins. Will you join us?

Learn more about the EUI Global Executive Master.

The EUI Global Executive Master | via European University Institute



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My estate is worth millions of dollars. How do I stop my daughters’ husbands from getting their hands on it?

My wife and I live in California, as do three of our four grown daughters. We are revisiting our family trust for the first time in many years, as we’re getting older and have gradually built an estate worth a couple of million dollars. We want to make sure that, in case our daughters get divorced, our hard-earned savings go to them and not their ex-husbands. 

We consulted with two estate attorneys and got different answers. The first said there’s nothing we can do to legally enforce that the inheritance stays separate; the most we could do is put in some wording along the lines of “It is our wish that the money stays separate.” The second attorney said that we can make our children sign a prenup as a condition of their inheritance. 

Furthermore, we have one daughter who has already been married for five years and has three children; another daughter who just got engaged; and two other children, who are single. Our married daughter does not have a prenuptial agreement. How do we protect our gift to her? A retroactive prenup? How should we proceed?

Father of Four Girls

Related: They’re threatening to go to a lawyer’: My in-laws gave us $300,000 and are on the deed to our home. Now they insist we give our niece $125,000.

“Don’t allow this money to become a cudgel with which to control your daughters’ lives.”


MarketWatch illustration

Dear Father,

Money should bring freedom and opportunity, not control and coercion. 

Your intentions tread a fine line between expectations and legality. There is only so much you can do to prevent your daughters from sharing their inheritance with their spouses, assuming they all marry and some of those marriages end in divorce. It is a credit to you that you have amassed a couple of million dollars, but don’t allow this money to become a cudgel with which to pull the purse strings in your daughters’ lives. 

One solution to your problem: You could set up a bloodline trust, a revocable trust that sets out how you should leave your assets to your direct beneficiaries — in this case, your daughters — and which becomes irrevocable upon your death. It can only be used for your daughters and their children, and because it becomes irrevocable upon your death, it cannot be accessed by creditors, should you have any. There are downsides. For example, such a trust could, unless otherwise specified, exclude stepchildren and adopted children.

First, the good news: Inheritance in California is considered separate property. Whether you leave your children real estate or brokerage or savings accounts, that money will remain nonmarital property unless your daughters use it to upgrade their family home or in some other way commingle those assets with their community property. So that pre-empts the need for your married daughter to ask her spouse to sign a postnuptial agreement.

On that subject, however, it’s not wise to use this inheritance to tell your daughters what they should do within their marriages. There should be a clear boundary between your relationship with your adult children and their relationships with their respective partners and spouses. It’s not a good idea to interfere in the latter. Doing so may cause discord in their relationships and also cause unnecessary hurt and tension in your own relationships with your daughters.

“California is one of a few states that strictly adheres to community-property laws, which declare that assets acquired during a marriage [are] community, also known as marital, property,” according to Myers Family Law in Roseville, Calif. “However, even California draws a line when it comes to personal inheritances, including inheritances that were received while married. Inheritances are treated as separate property, belonging to the individual who received the inheritance.”

Legal gymnastics

Requesting in your last will and testament that your daughters receive their share of your estate on the condition that they don’t share any of it with their husbands presents a lot of impractical and legal gymnastics. What they do with their inheritance is their business, unless you put those assets in a trust with strict instructions on how those assets should be used — for your grandchildren’s education, for example — or use the trust to provide an annual income.

There are so many variables beyond your control. What if you die before your wife, and she has different ideas about how your joint estate should be settled? What if your daughter’s husband is asked to sign a prenup, and replies, “No way — who does your father think he is?” The best course of action is to make your daughters aware of how to manage separate assets that are inherited, and how they could be accidentally commingled.

Think about the quality time you have left with your family. You don’t want Thanksgiving dinners to turn into a battle royale or, worse, a situation where your daughters and their partners gradually pull away and reevaluate their relationships with you. You have worked hard for your money, and you are attempting to protect your family fortune. But there are times in life when you can do too much, and hold your family too tight, even if that is not your intention. 

Ask yourself some soul-searching questions before you proceed. Do you really want to force your children to sign a prenup in order to receive their inheritance? Prenups can be challenged and changed at a later date. What is more important: the couple of million dollars you will leave behind, or the relationships you have with your daughters while you are still here? Don’t put a price on your daughters’ love for you — or on their love for their spouses.

Sorry for being preachy, but even Shakespeare wrote a play about estate planning. It was called “King Lear.”

The Moneyist regrets he cannot reply to questions individually.

Previous columns by Quentin Fottrell:

‘I grew up pretty poor’: I got an annual bonus. After I pay off my credit cards, I’ll have $10,000. What should I do with it?

‘I received an insurance-claim check for $22,000’: Why on earth does it take five days for my check to clear?

‘I want to protect my family’: My wealthy father, 49, is marrying his third wife. How do I broach the subject of my inheritance?

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My brothers are co-owners on $1.9 million of our mother’s bank and brokerage accounts. She now has Alzheimer’s. How can I rectify this?

I have three adult siblings living in different states, and we are disputing the circumstances surrounding the joint accounts shared with our 85-year-old mother, who has early stage Alzheimer’s. Our mom has a net worth of around $2 million, which is spread across several different bank and brokerage accounts. Late in life, she added a different sibling as a co-owner on each of her accounts to help manage her money.  

My brother “Joe” is listed as the sole co-owner on the bulk of our mother’s brokerage accounts, totaling $1.3 million, while my brother “Andy” is the sole co-owner of a $600,000 bank account and I am the sole co-owner of a $100,000 brokerage account. I think our mom simply forgot to add my sister, “Sue,” as a co-owner on any account. Her intention has always been for the four of us to equally inherit her assets.

I suggested to my three siblings that we should change all the accounts to sole ownership under our mother’s name with four equal beneficiaries. I thought this could avoid many possible complications with gift taxes and distribution at the time of our mother’s death, since as it stands, each co-owner would have to divide the money from their co-ownership account and send it to the other siblings.

Sue is named as power of attorney and could manage our mother’s individual accounts as needed. However, Joe is adamant that the current setup of co-ownership of accounts is the best way to help our mother, especially to protect her against financial fraud in case she needs to move to a nursing home. He insists there will be no gift taxes with the eventual distribution and that this setup is straightforward and easy to co-manage.

This situation is causing a lot of stress and distrust among my siblings, which I hate. I suggested we change things in order to make our mother’s financial situation as simple as possible, especially at the time of death, and not because I don’t trust Joe. Right now, no one is touching our mother’s accounts, and I am paying most of her expenses, as she lives with me.

Please advise.

Frustrated Sibling

Also read: My wife and I sold our home to her son at a $100,000 discount. He’s now selling at a $250,000 profit. Do I ask for a cut?

“Sue, as power of attorney, should be able to withdraw money from your mother’s other accounts and/or set up a bank account with those funds in your mom’s name,” the Moneyist writes.


MarketWatch illustration

Dear Frustrated,

Your brothers have every reason to act like white truffle butter wouldn’t melt in their mouths.

Between them, they have sewn up your mother’s largest bank accounts, and you are very likely dependent on the kindness of these brothers to either add you to the accounts as co-owners or distribute the funds between all four siblings after your mother passes away. 

I would not hold my breath for Joe or Andy to do either of these things. They can just as easily resist with politeness and smiles as with anger and resentment. I’m sorry to say that the most damaging actions — for you and your sister— have already been taken. 

We may never know the conversations that took place when your brothers were added as co-owners. But there is a very important difference between a “co-owner” and a “co-signer” on an account. The latter can withdraw money but does not own the money in the account.

If your mother was not of sound mind or her mental capacity was diminished when your brothers were added to these accounts, or if she had intended to add them as co-signers, there may be a case where you can contest your brothers’ ownership of these accounts.

The legal framework around such cases vary depending on the state, but it’s usually up to the estate of the original owner of the account to prove that there was elder abuse and/or undue influence taking place. As always, you should consult an attorney who specializes in elder law.

Limitations to power-of-attorney duties 

Sue, as power of attorney, should be able to withdraw money from your mother’s other accounts and/or set up a bank account with those funds in your mom’s name. She should preserve these funds for additional medical bills and long-term care as her condition progresses.

But the bottom line is that without the cooperation of your two brothers after your mother dies, failing any legal case to reverse matters, you will remain with the sole ownership of the $100,000 brokerage account, and the four of you will inherit whatever else is left in the estate. 

It’s virtually impossible to say without more information, but Sue, as power of attorney, is unlikely to have the ability to change the ownership of these accounts unless that is specified in the terms of her POA contract. That would also depend on the laws of your state.

“The power of attorney permits the agent to access their parent’s bank accounts, make deposits and write checks,” Jupiter, Fla.-based Welch Law says in this POA overview. “However, it doesn’t create any ownership interest in the bank accounts. It allows access and signing authority.”

The law firm continues: “If the person’s parent wants to add them to the account, they become a joint owner of the account. When this happens, the person has the same authority as the parent, accessing the account and making deposits and withdrawals.”

But those with power of attorney cannot self-deal when it comes to their parent’s finances. “As a POA, they are a fiduciary, which means they have a legally enforceable responsibility to put their parent’s benefits above their own,” Welch Law adds.

You should not have to pay for your mother’s care out of your own bank account. Your sister, as power of attorney, should be managing that. Talk to your siblings about your mother’s Alzheimer’s and how the four of you plan to manage her care in the months and years ahead.

Will your brothers fulfill their promise and make you and your sister whole? Only time will tell.

You can email The Moneyist with any financial and ethical questions at [email protected], and follow Quentin Fottrell on X, the platform formerly known as Twitter.

Check out the Moneyist private Facebook group, where we look for answers to life’s thorniest money issues. Post your questions, tell me what you want to know more about, or weigh in on the latest Moneyist columns.

The Moneyist regrets he cannot reply to questions individually.

Previous columns by Quentin Fottrell:

‘I don’t like the idea of dying alone’: I’m 54, twice divorced and have $2.3 million. My girlfriend wants to get married. How do I protect myself?

‘If I say the sky is blue, she’ll tell me it’s green’: My daughter, 19, will inherit $800,000. How can she invest in her future?

‘They have no running water’: Our neighbors constantly hit us up for money. My husband gave them $400. Is it selfish to say no?



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My Tinder match asked if I ‘rent or own’ my apartment. Is it gauche to ask financial questions before a first date?

I met a guy on Tinder
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+0.75%

and had an introductory telephone conversation, which I always think is a good idea before making the effort to meet in person. During our 15-minute telephone conversation, he told me about his divorce, his job and his hobbies. He described himself as easygoing and outdoorsy, and someone who likes to socialize and play sports. 

He talked a lot about his children, for five minutes or longer. He said he owned a small house. He asked what I did for a living, when my last relationship was, what neighborhood I lived in and — this stuck in my craw — whether I rented or owned my apartment and if it was a studio, one- or two-bedroom apartment. I felt uncomfortable, but I answered.

I live in New York City, and I happen to own my apartment, but I felt like he was sizing me up and trying to get a picture of my finances before he decided to meet me. He also asked how long I’ve been in my apartment, probably to assess how much equity I had in it. I replied, “a while,” as I already felt like he was getting too into my finances for a first conversation.

Once he was satisfied with my answers to these questions, he suggested we meet. I am busy this weekend, so he suggested driving into the city during the week. Based on his job and profession, I can reasonably estimate that I earn about twice his salary, though this does not mean anything to me, and I could care less. But given his money-related questions, I find that ironic.

I asked some friends. Some did a spit take, while others felt such questions were fair game. What do you think?

Irritated Even Before Our First Date

Related: I want my father to quitclaim his home so I can refinance it — and take out a $200,000 annuity for my sister and me. Is this wise?

“Based on his questions, it’s important to him that you have the same level of financial security that he does. If it were not an issue for him, he would not have asked.”


MarketWatch illustration

Dear Irritated,

He is not your real-estate agent or financial adviser, so I agree that it’s strange for a virtual stranger to quiz you on your living arrangements.

Based on his questions, it’s important to him that you have the same level of financial security that he does. If it were not an issue for him, he would not have asked. It’s as simple as that. Similarly, if he were wealthy beyond his wildest dreams, he may care less than someone who has climbed partly up the property ladder. But do I think it’s a bit much to ask in a first conversation? Yes.

Don’t give the Greek chorus too much importance. Whether or not other people are comfortable with such questions in a first call is immaterial; if you are not comfortable, you have your answer. You, after all, are the person who will have to date him, and expect him to show a semblance of emotional intelligence and sensitivity. It’s imperative to be able to read the room.

Let there be no mistake: If he is asking a question about your real-estate holdings or finances, he’s interested in them as a way of assessing (or judging) your suitability as a partner. Maybe he romanticizes his relationship prospects based on first impressions, and wonders whether he could combine assets and live in splendor. But words and questions have meaning.

Social acceptability vs. social mobility 

In America, it may be seen as more acceptable than in some European countries to ask what you do for a living, and even whether you rent or own in a big city like New York. The U.S. is a country of immigrants, and has more immigrants than any other population in the world, according to the Pew Research Center

The idea is to strive, work hard, and do better than the previous generation, although a majority of Americans reportedly doubt the attainability of generation-to-generation upward mobility, and millions of people are reassessing their relationship to work-life balance in the wake of the pandemic.

Wealth and looks play a role in whether someone swipes left or right, but the former appears to become more important when a connection is made with a partner who is deemed attractive. “When long-term interest is considered, the physical attractiveness of the model appeared to serve as an initial hurdle that had to be cleared prior to any other factors being considered by the participants,” according to this 2020 study.

People do swipe right based on economic factors. It would be foolhardy or idealistic to suggest that they don’t. If, however, a man poses in sunglasses with two thumbs up next to a Lamborghini, listing bitcoin
BTCUSD,
+1.57%

trading as one of his pastimes, chances are he doesn’t own that Lamborghini and, in my estimation, may have “Tinder Swindler”-level intentions.

And if a potential partner is both attractive and wealthy? That seems to be an appealing combination. Female online daters are 10 times more likely to click on profiles with men who have higher incomes, at least according to this study published in the Journal of Economic Behavior and Organization, while male online daters are equally likely to click on women’s profiles, regardless of income. 

I don’t put too much stock in studies that say men are looking for attractive partners, while women are more interested in men who look wealthy. You could probably do an analysis of any online dating site and gather a sample that would give you conclusions that say pretty much anything you want them to say. It all depends on the individual: Someone who knows the exact size of their backyard and strives to keep up with the Joneses is more likely to ask whether you rent or own.

In other words, this fellow who grilled you over your own socioeconomic circumstances may still be a perfect match — for someone else.

You can email The Moneyist with any financial and ethical questions at [email protected], and follow Quentin Fottrell on X, the platform formerly known as Twitter.

Check out the Moneyist private Facebook group, where we look for answers to life’s thorniest money issues. Post your questions, tell me what you want to know more about, or weigh in on the latest Moneyist columns.

The Moneyist regrets he cannot reply to questions individually.

Previous columns by Quentin Fottrell:

I want my son to inherit my $1.2 million house. Should I leave it to my second husband in my will? He promised to pass it on.

My adult sons live rent-free in my house, while I pay for 50% of utilities in my second husband’s condo

My brother lives in our parents’ home, which we’ll inherit 50/50. I want to keep it in the family for my children. How do I protect my interests?



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‘I can’t afford to keep paying for two households’: My adult sons live rent-free in my house, while I pay for 50% of utilities in my second husband’s condo

In 2007, my now ex-husband and I bought a home, where we lived as a family with our two boys for just a few years before we divorced in 2009. I refinanced the house in my name, and have paid the mortgage and utilities as a single parent ever since. 

In 2016, I met and started dating a man. We lived apart, only about 10 to 15 minutes from each other. In 2021, after I battled cancer, he proposed and I accepted. Since we only lived a few minutes apart, I stayed at my husband’s two-bedroom condo Thursday through Sunday, and spent Sunday through Thursday at my house, where I worked from home. I did this for years. 

My oldest son moved back in with me in 2021. He graduated high school in 2017 and I gave him a gap year living at my house to decide on his next move, after which he moved out and started his career. He lived on his own for a year, then lived with my parents for a year. He met a girl; they signed a lease and then the pandemic hit. After their lease was up, they broke up, and he decided to go back to college full time. I agreed that he could live in my home while he attended college. His tuition is covered by grants and a 529 fund his grandmother set up.

In 2022, my then boyfriend and I married. However, we still didn’t move in together full time, as I still had my house, and my youngest son had not yet graduated high school. I wanted to be home with him. 

Helping to support two households

My youngest son, 19, graduated high school in 2023. Later that summer, I moved out of my house to stay with my husband full time. I pay 50% of the expenses living with my husband and 100% of the expenses for my house, where the boys live. 

I kept both households going so my youngest could have a gap year of his own, and to cushion my oldest, whom I really didn’t think would go to college, while he attended to his studies. They are young and finding their way, and I wanted to give them the support I felt like they needed. But here we are in 2024, and I can’t afford to keep both households running without impacting my ability to save for retirement.

Here’s my dilemma: I don’t know how to get my boys out of my house so I can clean it up, stage it and list it for sale. We live in an area where the average two-bedroom apartment rents for $1,800 a month. My youngest works full time following his passion for BMWs and makes about $2,400 a month. My oldest, 25, works part time in retail and makes about $1,000 a month while he attends college. They both work within 3 miles of my home. They simply can’t afford to move out, and I can’t afford to keep paying for two households.

To complicate matters, I have about $100,000 in equity in the house, and I’d like to use it to pay off some small debts and buy a car, as well as put the rest in retirement.  But my mother, who has had a long and successful career in real estate, thinks I should wait it out and let my equity continue to build, giving the boys some cushion while they are still finding their way. 

Do I shop around and find them an apartment, help them set up utilities and help them with movers? Do we build a project plan with a deadline, or just keep looking for places in the hope that we eventually find one we like? Do I subsidize their monthly expenses and give them each $400 a month for utilities, if they cover their rent? 

I know this is probably easy for other people, but I am at a loss as to how and when to do this. We all feel stuck, scared and anxious. Any advice is appreciated.

Wife & Mother

Related: My cousin left his estate to 6 relatives, but only one cousin, worth $30 million, received the inheritance — due to an ‘unexpected surprise’

“On the subject of mothers, listen to your own. If you can rent out your home, pay the mortgage and wait for the value to increase, do that.”


MarketWatch illustration

Dear Wife & Mother,

The longer you support your two adult sons, the longer they will lean on you and need you as their personal ATM. You’ve brought them over the finish line, and then some. You raised them, educated them, and fed and clothed and housed them. Now you are paying for their electricity and other bills. It’s time for your sons to stand on their own two feet and, as my Irish mother would say, cut their cloth according to its measure.

On the subject of mothers, listen to your own. If you can rent out your home, pay the mortgage and wait for the value to increase, do that. Your mother works in real estate and knows what she’s talking about. Real estate, in an ideal world, is a long-term game. It’s time for your sons to downsize to a small apartment, and experience the joys of paying their own way and standing on their own two feet. You need to cut the cord.

Act with integrity and intention. The best way to make a big move — and this is probably as big a move emotionally as it is financially — is to prepare. Sit down with your sons and an independent financial adviser, and do a forensic accounting of their income and expenditure and where they spend their money. I can almost guarantee you that their subsidized lifestyle lends itself to spending money in areas where they could easily cut back.

There is an underlying feeling of guilt in your letter. Have you done enough? Yes. Should you do more? No, you have done plenty, and you’re now putting your sons before your own financial peace of mind and retirement. Does it make you a bad person, or an unfeeling one, if you decide to cut them off? Of course not. Quite the contrary: You can lead by example by showing them what it means to make tough decisions and stick to them.

When you have accounted for your sons’ income and expenditure, look at rentals in your neighborhood or adjoining neighborhoods, if need be. The aim is for them to start taking responsibility for themselves. They don’t need a two-bedroom apartment. They can live in a one-bedroom condo and take turns sleeping on the sofa bed. This is a rite of passage, and it teaches young people the value of money and what it means to take accountability for oneself.

The share of adult children in the U.S. living with their parents has steadily risen since the 1960s. In 2020, during the pandemic, one-third of children ages 18 to 34 lived with their parents as non-caregivers. Men and 18- to 24-year-olds, respectively, were more likely to live at home than women and 25- to 34-year-olds, according to a study distributed by the National Bureau of Economic Research. Parents get support at home; kids get to experience a low-cost lifestyle.

But while the NBER found social benefits to living with adult children and that it does not necessarily delay, retirement, the benefits of providing your children with a head start by giving them somewhere to live start to decline when your ability to save for retirement is impeded, and you’re burning money supporting two households. This is also money you can put towards vacations and new cars, and building a future with your husband. You deserve to enjoy life and put yourself first for a change. Tell your sons, “You’re ready. I’m ready. I love you. Let’s do this.””

You can email The Moneyist with any financial and ethical questions at [email protected], and follow Quentin Fottrell on X, the platform formerly known as Twitter.

Check out the Moneyist private Facebook group, where we look for answers to life’s thorniest money issues. Post your questions, tell me what you want to know more about, or weigh in on the latest Moneyist columns.

The Moneyist regrets he cannot reply to questions individually.

Previous columns by Quentin Fottrell:

‘She’s obsessed’: My mom moved into my house and refuses to move out. She has paid for repairs and appliances. What should I do?

My parents want to pay off my $200,000 mortgage, and move into my rental. They say I’ll owe my sister $100,000. Is this fair?

‘I hate the 9-to-5 grind’: I want more time with my newborn son. Should I give up my job and dip into my six-figure trust fund?



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#afford #paying #households #adult #sons #live #rentfree #house #pay #utilities #husbands #condo

These AI tools could help boost your academic research

The future of academia is likely to be transformed by AI language models such as ChatGPT. Here are some other tools worth knowing about.

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“ChatGPT will redefine the future of academic research. But most academics don’t know how to use it intelligently,” Mushtaq Bilal, a postdoctoral researcher at the University of Southern Denmark, posted on X.

Academia and artificial intelligence (AI) are becoming increasingly intertwined, and as AI continues to advance, it is likely that academics will continue to either embrace its potential or voice concerns about its risks.

“There are two camps in academia. The first is the early adopters of artificial intelligence, and the second is the professors and academics who think AI corrupts academic integrity,” Bilal told Euronews Next.

He places himself firmly in the first camp.

The Pakistani-born and Denmark-based professor believes that if used thoughtfully, AI language models could help democratise education and even give way to more knowledge.

Many experts have pointed out that the accuracy and quality of the output produced by language models such as ChatGPT are not trustworthy. The generated text can sometimes be biased, limited or inaccurate.

But Bilal says that understanding those limitations, paired with the right approach, can make language models “do a lot of quality labour for you,” notably for academia.

Incremental prompting to create a ‘structure’

To create an academia-worthy structure, Bilal says it is fundamental to master incremental prompting, a technique traditionally used in behavioural therapy and special education.

It involves breaking down complex tasks into smaller, more manageable steps and providing prompts or cues to help the individual complete each one successfully. The prompts then gradually become more complicated.

In behavioural therapy, incremental prompting allows individuals to build their sense of confidence. In language models, it allows for “way more sophisticated answers”.

In a thread on X (formerly Twitter), Bilal showed how he managed to get ChatGPT to provide a “brilliant outline” for a journal article using incremental prompting.

In his demonstration, Bilal started by asking ChatGPT about specific concepts relevant to his work, then about authors and their ideas, guiding the AI-driven chatbot through the contextual knowledge pertinent to his essay.

“Now that ChatGPT has a fair idea about my project, I ask it to create an outline for a journal article,” he explained, before declaring the results he obtained would likely save him “20 hours of labour”.

“If I just wrote a paragraph for every point in the outline, I’d have a decent first draft of my article”.

Incremental prompting also allows ChatGPT and other AI models to help when it comes to “making education more democratic,” Bilal said.

Some people have the luxury of discussing with Harvard or Oxford professors potential academic outlines or angles for scientific papers, “but not everyone does,” he explained.

“If I were in Pakistan, I would not have access to Harvard professors but I would still need to brainstorm ideas. So instead, I could use AI apps to have an intelligent conversation and help me formulate my research”.

Bilal recently made ChatGPT think and talk like a Stanford professor. Then, to fact-check how authentic the output was, he asked the same questions to a real-life Stanford professor. The results were astonishing.

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ChatGPT is only one of the many AI-powered apps you can use for academic writing, or to mimic conversations with renowned academics.

Here are other AI-driven software to help your academic efforts, handpicked by Bilal.

In Bilal’s own words: “If ChatGPT and Google Scholar got married, their child would be Consensus — an AI-powered search engine”.

Consensus looks like most search engines but what sets it apart is that you ask Yes/No questions, to which it provides answers with the consensus of the academic community.

Users can also ask Consensus about the relationship between concepts and about something’s cause and effect. For example: Does immigration improve the economy?

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Consensus would reply to that question by stating that most studies have found that immigration generally improves the economy, providing a list of the academic papers it used to arrive at the consensus, and ultimately sharing the summaries of the top articles it analysed.

The AI-powered search engine is only equipped to respond to six topics: economics, sleep, social policy, medicine, and mental health and health supplements.

Elicit, “the AI research assistant” according to its founders, also uses language models to answer questions. Still, its knowledge is solely based on research, enabling “intelligent conversations” and brainstorming with a very knowledgeable and verified source.

The software can also find relevant papers without perfect keyword matches, summarise them and extract key information.

Although language models like ChatGPT are not designed to intentionally deceive, it has been proven they can generate text that is not based on factual information, and include fake citations to papers that don’t exist.

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But there is an AI-powered app that gives you real citations to actually published papers – Scite.

“This is one of my favourite ones to improve workflows,” said Bilal.

Similar to Elicit, upon being asked a question, Scite delivers answers with a detailed list of all the papers cited in the response.

“Also, if I make a claim and that claim has been refuted or corroborated by various people or various journals, Scite gives me the exact number. So this is really very, very powerful”.

“If I were to teach any seminar on writing, I would teach how to use this app”.

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“Research Rabbit is an incredible tool that FAST-TRACKS your research. Best part: it’s FREE. But most academics don’t know about it,” tweeted Bilal.

Called by its founders “the Spotify of research,” Research Rabbit allows adding academic papers to “collections”.

These collections allow the software to learn about the user’s interests, prompting new relevant recommendations.

Research Rabbit also allows visualising the scholarly network of papers and co-authorships in graphs, so that users can follow the work of a single topic or author and dive deeper into their research.

ChatPDF is an AI-powered app that makes reading and analysing journal articles easier and faster.

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“It’s like ChatGPT, but for research papers,” said Bilal.

Users start by uploading the research paper PDF into the AI software and then start asking it questions.

The app then prepares a short summary of the paper and provides the user with examples of questions that it could answer based on the full article.

What promise does AI hold for the future of research?

The development of AI will be as fundamental “as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone,” wrote Bill Gates in the latest post on his personal blog, titled ‘The Age of AI Has Begun’.

“Computers haven’t had the effect on education that many of us in the industry have hoped,” he wrote. 

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“But I think in the next five to 10 years, AI-driven software will finally deliver on the promise of revolutionising the way people teach and learn”.



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France to try out school uniforms in bid to reduce bullying and inequality

When some French schools reopen in September this year, they will pilot a mandatory school uniform under a two-year trial period initiated by Education Minister Gabriel Attal. The initiative aims to tackle inequality among French students and reduce bullying and peer pressure. But some public school teachers, psychologists and experts remain sceptical, saying the uniforms are just putting a “plaster” on such issues. 

Two navy blue polo shirts – one short-sleeved, another covered in a jumper – are draped over mannequins on a stage. Embroidered across the chest is a tiny, rectangular French flag on the right and the words “La Région, Auvergne-Rhône-Alpes” on the left. 

Gleaming with pride, Laurent Wauquiez, president of the Auvergne-Rhône-Alpes regional council in southeast France, announced that these are prototypes of school uniforms to be rolled out in five local high schools.


Hours later, the hardliner of the conservative Les Républicains party posted a photo of the sombre outfits on X and informed his followers that the council wanted the uniforms to be “100% made by regional textile companies”.

The polo shirts would be tried out in five high schools in Auvergne-Rhône-Alpes at the start of the school year in September 2024, he noted, adding that the move was “sustainable and good for jobs”.

But many local high schoolers on social media did not appear to share his enthusiasm. Some took to TikTok to mock what they called an unflattering and embarrassingly unstylish ensemble. 

Motivated but not convinced 

The announcement came a few weeks after French Education Minister Gabriel Attal on December 6 revealed a plan to test school uniforms in different locations across the country.  

Public schools in municipalities that have volunteered to be part of the experiment will be able to implement a mandatory uniform at the start of the new academic year this September, or even as early as the springtime for those who are particularly “motivated”.   

The towns eager to test out school uniforms include Tourcoing and Reims in the north, and Nice in the south. The Allier and Alpes-Maritimes regions have also expressed an interest. Each municipality will have to work closely with the schools who opt in, since adopting a uniform requires an amendment to school rules.  

And of course, the sartorial experiment comes at a cost. A basic kit for each pupil could consist of five polo shirts, two pullovers and two pairs of trousers, which amounts to around €200, according to French news outlet franceinfo. But families will not have to bear the brunt, as half of the cost would be paid by local authorities and the other half by the state.

Despite a spirited response from a handful of municipalities across France, Attal himself did not appear to be fully convinced of the measure. “I’m divided on the question of uniforms,” he admitted during his announcement on franceinfo. “I’m not yet convinced that it’s a solution that will fix everything.”  

Neither are public school teachers, psychologists and experts.  

A losing battle?  

One of the key arguments by the government in support of school uniforms is that they could curb future attempts to undermine French secularism. And recently, controversy around clothing associated with Islam has taken centre-stage.

On September 4, the government banned long robes worn by women and girls known as abayas. They were seen as a challenge to France’s secularist values or what is known as “laïcité”. The ban prompted a wave of fury across the country, with some arguing that loose body-covering garments did not constitute an ostentatious display of religion and shouldn’t be forbidden.

The principle of secularism in France means wearing any sign or garment that manifests a student’s religious affiliation is against the law. Legislation passed in 2004 prohibits “ostentatious religious symbols” from public schools, including Muslim headscarves, large Christian crosses, Jewish kippas and turbans worn by Sikhs.

After letting out an audible sigh, Sabrina* said she “honestly doesn’t think the school uniform will change anything regarding the social climate in schools”. Having worked as an elementary school teacher in a northern Parisian suburb for years, she recently took up a job as a public-school psychologist in the city’s 20tharrondissement (district).  

“Maybe students will feel less different from one another … or won’t have to ask themselves what to wear each morning,” she says. “But as far as secularism, order and bullying are concerned – I don’t think it will change much.”  

Read moreFrance abaya ban: Very divisive debate on clothing worn by some muslim women

Tensions in French public schools have been rising in recent years, with cases of violence between students and teachers prompting intense debate on how to improve security. Last month, a 12-year-old schoolgirl threatened a teacher with a kitchen knife at a school in northern France. Two months earlier in October, a radicalised Islamist student stabbed his former teacher to death. And six teenagers were recently convicted for their role in the 2020 killing of French teacher Samuel Paty outside his secondary school by a radicalised Islamist.

The main goal of the experiment, according to Education Minister Attal, is to measure the impact of school uniforms on the issues of secularism, bullying, social inequalities and authority, as well as seeing if it improves academic performance.

“Even kids feel that social differences go beyond material possessions,” Sabrina noted on the issue of social inequality. “And besides, whether or not sneakers have holes in them is something that will be visible. It won’t erase social differences.”

Céline*, a public-school teacher who prefers to remain anonymous, agrees. “Forms of violence don’t come from the clothes worn by pupils,” she said. “Look at countries like the UK where school uniforms have been used for many years. A lack of authority from teachers or schools and bullying are still a problem there.”

Schools that opt in will require their students to wear a uniform over the course of two years, so that researchers can conduct a scientific evaluation at a national level. Their report will examine whether or not the experiment has been effective. But existing research from countries where uniforms are already being used such as the US and UK suggest the outcome isn’t rosy.  

“Although uniforms homogenise students … they can be a system of control and discipline over pupils,” said Rachel Shanks, senior lecturer at the University of Aberdeen and researcher on school uniforms. “There is no research to back up the idea that school uniforms help reduce violence, prevent bullying or increase academic achievement.”  

In her research, Shanks has found that uniforms have sometimes even increased discrimination. According to a study carried out by the National Women’s Law Center in the US for example, Black girls in Washington D.C. are 20 times more likely to be suspended from school for violating dress codes than white girls. “There will always be ways to identify an individual,” says Shanks. 

‘France is afraid of Islamisation’

In France, the idea of obligatory uniforms in public schools has been around for years, mostly put forward by right-wing and far-right politicians. Back in 2003, former education minister Xavier Darcos floated the idea, as did his successor, Jean-Michel Blanquer. 

Wearing uniforms was part of far-right leader Marine Le Pen’s 2022 campaign programme and in January 2023, a bill proposed by a member of her National Rally party to make uniforms compulsory was rejected by a majority of MPs.  

“Every time the symbols of the Republic are threatened, this kind of proposal pops up like a political gimmick,” said Hamid*, who teaches at a vocational high school in a southern Paris suburb.  

Both Sabrina and Anne*, a literature teacher at a middle school in the Seine-Saint-Denis region north of Paris, feel it is a political move motivated by the right to clamp down on French Republican values. “For me, it immediately conjures up images of a fascist society,” said Anne.  

Attal’s announcement “came just months after this whole debate and consequent ban on the abaya in September”, explained Sabrina. “France is afraid of ‘Islamisation’ and radicalisation … And in order to respond to that fear, the government has decided to put a plaster on the issue.”  

Bigger fish to fry

The consensus among French teacher unions, experts and teachers themselves seems to be that a school uniform won’t put an end to bullying, social inequalities or reinforce secularism. In fact, there are more important issues facing public schools to tackle altogether.

“Sometimes I think school uniforms can be seen as an easy thing to turn to, that somehow it will fix problems that actually stem from outside, which schools can’t really fix,” said Shanks.  

Céline agrees. “I think that local authorities and politicians are looking for quick ways to reassure the public. The quickest response is to wear uniforms, which are regularly proposed as a kind of return to the authority of years gone by,” she noted.

Read moreGender-based violence in French universities: ‘I decided something had to change’

Uniforms are not a priority for many French public schools. Chronic underfunding has left many institutions unable to meet their pupils’ needs. Thousands of teaching posts were unfilled for the new school term last year, due to recruitment difficulties. Teachers have reported a deterioration in their working conditions and have even walked out in protest as a result.   

“Given the low success rate at French vocational schools in recent years, our priority is to improve our working conditions, increase teacher’s salaries to boost recruitment, help students get work placements, provide them with IT tools, etc.,” said Hamid.  

It’s a feeling shared by many schoolteachers and education experts. “In my school, the priority right now is to help teachers do their job,” said Sabrina. “If there is money to be spent, we may as well spend it elsewhere … We expect so much from schools, but we don’t give them the levers or means to do the job properly,” she noted.  

“Schools are always represented as buffers for society’s ills,” Céline concluded. “But schools can’t fix everything.”  

*Surnames have been withheld on request. 



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Why does Denmark have one of Europe’s lowest rates of bullying?

Denmark, along with Sweden and Finland, has one of the lowest rates of bullying in Europe. We speak to teachers, pupils and parents to find out how this Scandinavian country is managing to stamp out harassment in schools.

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The Sluseholmen Skole in Copenhagen is one of many Danish schools where children are taught from an early age how to avoid bullying, which causes less damage here than elsewhere in Europe.

Meditation and cuddles are part of the morning routine for primary school pupils at Sluseholmen Skole. For teacher Maja Hindsgaul, well-being is key to learning.

“I’m the one they can talk to if something is difficult. And I’m actually talking a lot about who I am and what I like, and that it’s ok if they like to hug. I like that too,” she told Euronews.

“Of course, they have to learn to read and write and stuff like that, but they can do that if they feel safe. It’s my mission to make them feel safe so that they can develop social skills at school.”

Learning how to live with each other is part of the teaching.

“We’re always trying to get the kids to work together in different types of groups, across genders and not always with their best friends,” said teacher Louise Ibsen. “They’re also practicing social skills for how to communicate, and also how to compromise on different ideas.”

These methods are just some examples of the programmes used in many Danish schools to prevent bullying, as early as kindergarden. And the children are very receptive.

“Everybody has full respect for each other,” said pupil Polly Schlüter Bingestam. “Friends help you if you are bullied because they stop the bullies and call a teacher.”

Fatemeh Shahmarvand is a parent and part of the school board. This enables parents to take part in decisions regarding school programmes, which plays a key role in preventing bullying, says Fatemeh.

“I think the most important thing is that if you see that your children are feeling bad, you take it seriously and try to find out what could be wrong, that we parents talk to our children and find how to make them a bit more robust so that they can learn how to cope with adversity,” she told Euronews.

‘It’s harder to be a teenager:’ The impact of the internet and Covid lockdowns

Denmark, along with Sweden and Finland, has one of the lowest rates of bullying in Europe. However, a call centre, managed by Danish children’s rights NGO Børns Vilkår, has seen the number of calls related to bullying increase, as well as suicidal thoughts, in particular among young teenagers.

“We have all age groups calling about bullying, but it seems to be a particular problem for, let’s say 10 to 15-year-olds,” says Børns Vilkår’s CEO, Rasmus Kjeldahl. “And that’s where it’s extremely important for a child to belong to a group. The act of bullying is expulsion from the group.”

“The digital dimension has made it worse because the bullying doesn’t stop when you leave the school,” he added.

Helle Hansen is an education and school bullying researcher. She’s one of the experts who designed anti-bullying programmes introduced in Denmark’s schools 15 years ago.

Such programmes have been successful, but must be reinvented she says, in the light of new realities.

“It’s harder to be a teenager. We had the lockdown. We had Covid. You’re more alone. In general, well-being is challenged. Young people, or kids who are involved in bullying, they need something. They need to understand the meaning of being here and being part of it.”

“If we don’t understand them, they are meeting meaninglessness. And meaninglessness is a part of why they start bullying each other.”

The importance of communication and student-led governance

Understanding teenagers is a matter of course, for the headteacher of the Greve Gymnasium high school near Copenhagen. Like in many Danish schools, an anti-bullying charter can be found on its website.

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More than sanctions, what matters most are group dynamics and dialogue with students. They have their say in the anti-bullying strategy, as they do for all the rules governing school life.

“We try to get close to the students in many ways and to discuss the teaching, the pedagogical principles, what they do in the breaks, what they do in their spare time, and of course, how they interact on social media. We have lessons about that as well,” said Mette Trangbæk, the Headmaster of Greve Gymnasium school.

“It’s very important that we dare to go close to them and dare to facilitate their life, not only life in the classroom but also life in their spare time.We work on trust, because trust is a way to get closely related to them, but it’s also to act upon the problems.”

That was a trust we could bear witness to in one final-year maths class. A group of students chose to leave the room to talk to us about bullying, with their teacher’s blessing.

“I’m an authority in my field in math and history. But I’m not an authority on what you should do or think. That’s responsibility,” Maths and History teacher Sanne Yde Schmidt told her students.

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“I think a lot of bullying comes from hierarchies that don’t work. And then people try to take power by bullying someone else. And if you don’t need to take power because you have the power of your own life from the beginning, then that’s another situation.” she told Valerie Gauriat.

“The students have a quite big voice in the decisions that the school makes”, points out Mathias Keimling, a student representative at the school board. “If we hear that any of our co-students, have problems, we can take it right to the board, where our opinions will definitely be heard.”

Co-student Lucija Mikic feels the odds of bullying are lower in Denmark than elsewhere in Europe, because young people “learn from a young age to treat others as we would like to be treated. That’s very much built into the way we’re taught,” she says. “And it’s something you think of before you say anything to someone else.”

For her class-mate Jonathan Emil Bloch Teute, the way children and teenagers relate to  adults also plays a role: “teachers and parents are seen as confidants and guidance givers more than authorities you have to respect and answer to. If you do experience bullying in Denmark, I think everyone has someone older that they can reach out to and help fix this problem.”

At the end of our conversation, the students meet up cheerfully with their maths teacher again.

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“They missed the math class, but they learned something else that’s also important. It’s part of being grown up, to decide what is important.”, smiles Sanne Yde Schmidt. “To be a person in your own right is part of feeling well about yourself, and that prevents bullying.”

One of her students, Xenia Marie Biehl Wilkens nods approvingly. “Denmark as a country is good at giving us this feeling that we are a person, we are an individual, and we are heard and seen.”

“And important!” adds Sanne. “You’re your own person, but as a part of a community. We’re separate but together.”

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The right to breathe: how policymakers can tackle severe asthma

Asthma impacts over 330 million people worldwide. While severe asthma makes up only 5-10 percent of cases, it is accountable for over half of asthma-related costs globally.[1] It profoundly affects patients’ lives, undermining their physical, mental and economic well-being, and increasing the risk of preventable deaths. Despite its significance, severe asthma is often overshadowed by other health priorities, leading to inadequate resource allocation and substandard care, further straining already pressured health systems.

Severe asthma outcomes, like many other chronic diseases, are deeply entangled with a wide range of environmental and socio-economic factors. Therefore, addressing it is not merely about medical intervention, but about creating and implementing comprehensive, holistic strategies.

The challenges presented by severe asthma are not beyond our capabilities. Around the globe, there is a wide range of best practices, treatments, and approaches to asthma management. Yet, the path to transformation demands a unified commitment from a broad set of stakeholders, from policymakers to medical professionals, industry, patients and beyond. While the blueprint for a future unburdened by severe asthma exists, it is up to decision-makers to realize it together.

While the blueprint for a future unburdened by severe asthma exists, it is up to decision-makers to realize it together.

And the good news is that progress is already underway. Since autumn 2022, we have collaborated as an international expert group to support the development of the Copenhagen Institute for Futures Studies’ (CIFS) Severe Asthma Index. This tool assesses how 29 OECD countries manage severe asthma across various indicators, such as national strategies, treatment access, hospitalizations, societal costs and air quality, among others.

While the Severe Asthma Index is an important stride in tackling severe asthma, the true test lies in how its insights are applied in practice. Among the many actions needed to be taken to improve severe asthma care, the most pressing concern is policy change.

We have identified three actions, derived from the work we have conducted to date, for policymakers to kickstart strengthening health systems’ approaches to and management of severe asthma:

  1. Development and implementation of national asthma plans and strategies

The Severe Asthma Index has found that less than half of the countries analyzed have a national strategy for asthma, prevention, and management. There is, therefore, a need to formulate and actively implement dedicated national asthma programs, tailored to the unique challenges of individual health systems. These programs should not only emphasize prevention, early detection and diagnosis but also adapt best practices to specific national and local contexts.

Importantly, plans should be situated in the context of long-term strategies for improving population health outcomes.

“In England, work around respiratory illness is gaining traction,” notes Sir David Behan, chair of Health Education England, NHS, and expert group member. “Part of the initiative being developed [is] to ease pressure on the emergency care pathways and hospitals.”  

All approaches should promote awareness on respiratory diseases, support personalized care plans, empower patients and improve training and opportunities for training health care professionals working in respiratory care.

2. Coordination and harmonization of policies and care guidelines

There is a patchwork of country approaches to severe asthma, illustrated by the observation that more than two-thirds of the country guidelines assessed in the Severe Asthma Index do not fully align with the Global Initiative for Asthma’s (GINA) guide for Difficult-to-treat and Severe Asthma in Adolescence And Adult Patients. Policymakers must strive to coordinate their approaches to severe asthma by harmonizing policies and guidelines for asthma care to the greatest possible extent, with the aim of reducing outcome disparities, bolstering equity and promoting health system sustainability.

In doing so, there should be an emphasis on identifying and scaling best practices, promoting cross-border collaboration, and championing holistic solutions informed by the widely-acclaimed Health in All Policies approach.

The Australian National Asthma Council’s Australian Asthma Handbook is a strong example of a best practice in this area that policymakers could draw inspiration from in acting on this point.

3. Supporting improved data collection and the development of a more robust evidence base for severe asthma

Policymakers should incentivize and ultimately mandate improved production, recording and utilization of asthma- and severe asthma-specific data, as well as identifier data such as prescription data, adherence to treatment regimes, lung function analysis and demographic and socioeconomic indicators, following a set of common standards.

Currently, despite the existence of clinical codes for severe asthma, the condition remains significantly underreported in clinical settings due in large part to inconsistent coding practices, leading to an increased probability of patients receiving inadequate care and suboptimal allocation of health system resources. The dearth of severe asthma data and barriers to accessing the few datasets that do exist render it difficult to develop a comprehensive and consistent understanding of the full impact of severe asthma.

National policymakers need to prioritize financial and logistical support for country-level asthma research. Research activities should aim to produce a solid evidence base that will offer a nuanced understanding of each country’s needs, challenges and opportunities regarding asthma care. Support for research activities granted over the long term will enable longitudinal studies so that national trends and progress can be accurately tracked.

Only 3 percent of the European Union’s budget for health [is] spent on lung health, although 13 percent of Europeans have lung disease.

“Only 3 percent of the European Union’s budget for health [is] spent on lung health, although 13 percent of Europeans have lung disease,” says Susanna Palkonen, director of the European Federation of Allergy & Airways Diseases Patients’ Associations (EFA) and expert group member.

The International Severe Asthma Registry (ISAR) initiative provides a strong basis for continued work in this area.

The path ahead requires that these actions evolve in tandem with the latest advancements in respiratory care and approaches to the management and prevention of noncommunicable diseases. This is not simply about updating and developing new policies — it’s about crafting robust and well-rounded solutions that proactively address a health challenge that is both global and local and supporting a much-needed vision for improved respiratory health outcomes.

As we look forward, we cannot just treat asthma. We must transform our approach to ensure that every patient’s right to breathe becomes a global reality.


Author(s):
Patrick Henry Gallen, senior advisor and futurist at Copenhagen Institute for Futures Studies

Bogi Eliasen, director of health at Copenhagen Institute for Futures Studies

Professor Dr. Vibeke Backer, MD, DMSci, chief respiratory physician at Department of ENT and Centre for Physical Activity Research (CFAS), Rigshospitalet, Copenhagen, Denmark

Sir David Behan, chair Health Education England, National Health System (NHS), U.K.​

Dr. Mark Levy, board member, Global Initiative for Asthma (GINA), U.K.​

Mikaela Odemyr, chair European Lung Foundation (ELF) Patient Advisory Committee; chair Swedish Asthma and Allergy Association, Sweden

Susanna Palkonen, director, European Federation of Allergy and Airways Diseases Patients’ Associations (EFA)  

Professor Dr. Arzu Yorgancıoğlu, chair European Respiratory Society (ERS) Advocacy Council; member of Global Initiative on Asthma (GINA) Board; chair of GINA Dissemination and Implementation Committee; chair of the WHO GARD Executive Committee Turkey 


References:
[1] Al Efraij K, FitzGerald JM. Current and emerging treatments for severe asthma. J Thorac Dis 2015;7(11):E522-E525



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I don’t want to leave my financially irresponsible daughter my house. Is that unreasonable?

I am at my wit’s end and hope someone can recommend ways to help my daughter’s unwillingness to manage her money. When I am gone her chances are slim to none. I am a senior citizen and I’ve had cancer four times in the last three years, so I don’t know how much longer I have. 

I already told her I’d leave her a few thousand dollars from my retirement funds, but I know she’ll blow through whatever I give her. I don’t want to leave her my house in my will. Am I being unreasonable? The loan balance is only $28,000 and mortgage payments are very low. One reason: She’ll be even less motivated to manage her finances wisely if she knows she will get it.  

I’ve talked to my therapist and he has no solutions. All my daughter’s friends are similarly ill-equipped, and there is no adult that she would heed. My therapist said: “Why should I care?” But I do. Plus, she won’t be able to pay the ongoing taxes, insurance and maintenance because of her free-wheeling spending.  

I told her not to spend her modest retirement balance from a previous job. She did and her reason was that she said it was small. I let her use my car, and pay maintenance and insurance.  I pay for her phone. She pays no rent and nor does she do many chores. Oftentimes, she is short of money, and I have to give her a loan. She keeps getting credit cards, pays them off, then repeats the cycle.

When I try to talk to her calmly, she argues. I tried to get her to set up a budget. She won’t do it.  Earlier she agreed to pay the entire phone bill as her contribution. She simply auto-paid using her credit card. The card went into arrears so I had to make good on that, and resume responsibility.

I try to set up small goals for her, but she’s not receptive. Yet she buys plenty of snacks, cosmetics and goes on vacations. I’ve offered to have us meet an adviser of her choice to tackle these issues, but again she’s not interested. I’ve even suggested I’m going to take a home-equity loan to spend on myself and she’d have to pay it back but again, no response.

I love her very much, but don’t know what to do. My wife sabotaged my efforts in her misguided kindness when our daughter was younger. She no longer does that, but it’s too late.

In short, she’s not willing to manage her money properly. She is in school now, but worked several years full time, and is now working part time. I promised her I’d put money toward her degree, but I’m going to pay it directly to the school.

I have calmly told her of the dire consequences of her actions, but it doesn’t get through to her.

The Father 

“You may not realize it, but your daughter, your wife and your good self are all playing a game.”


MarketWatch illustration

Dear Father,

Think twice before disinheriting your daughter. If she is your only child, don’t allow your frustrations to posthumously punish her.

First things first: Take care of yourself. You have had recurring battles with cancer, and that may have taken a toll on your health. Your fears and concerns about your own mortality may be contributing to this laser focus on your daughter’s wellbeing. It could be that you believe you have a shorter period of time to ensure your daughter balances her books, and gets back on the right track, but the truth is that she is operating on her own timetable.

That said, the situation you describe sounds extremely dysfunctional. You are both the enabler and the avenger — paying her phone bill and rent, and threatening to cut her out of your will. What’s more, you and your wife — intentionally or not — are playing good cop/bad cop. This is a “Kramer vs. Kramer” situation where your daughter is able to play her parents off against each other. One rewards, the other chastises. 

It seems like your daughter’s cycle of taking out credit cards is mirrored by the cycle of cat-and-mouse you play with her, even if you do it without realizing it. You are all caught inside a long-running saga that is, perhaps, inherited from your own parents. Your daughter will never be who you want her to be. She can only be who she is, make mistakes, learn from them (or not) and hopefully grow and mature over time. 

You may not realize it, but your daughter, your wife and your good self are all playing a game. Your daughter rebels, you threaten to disinherit her, and your wife plays peacemaker. You are tough with your daughter, your wife shows her kindness, and your daughter plays you both off against each other. Not all games are fun, but they do form a pattern that is so embedded in the family dynamic that it’s hard to see it from the inside.

The ‘games’ people play

Eric Berne wrote a landmark book in 1964 entitled “Games People Play.” He defined these games as follows: “A game is an ongoing series of complementary ulterior transactions progressing to a well-defined, predictable outcome.” It could be “If It Weren’t For You” (perhaps a common one between unhappy spouses) or “Yes, but” (where one person cajoles another to take action, but the other person always has an excuse for inaction). 

Each game has a gimmick and a payoff. I’m not sure what game you’re playing, but it’s repetitive and everybody is getting some kind of reward, even if it is an unhappy one. That is something you will have to figure out. You get to be the leader who knows how the world works, your wife gets to be Switzerland (while surreptitiously fanning the flames) while your daughter gets to defy you and assert her independence, knowing it will provoke you to repeat the cycle.

My point is: You all need family therapy! Not just your daughter. Or you. Or your wife. You need to process this together. Whether or not you leave your daughter your house is, at this point, irrelevant. The threat that you will withhold a large part of your inheritance is the key part. Why would you do that? Would it really solve anything to make your daughter even more financially insecure? Is punishing her more practical and effective than rewarding her?

Elephant in the room

The other elephant in the room is what happens if you predecease your wife. You may wish for your daughter to be disinherited except for a few thousand dollars, but this game of good cop/bad cop and rebellious daughter may continue after you’re gone with your daughter convincing your wife to not act in accordance with your wishes. That may be the final denouement to this “game,” or perhaps a relative or lawyer would take your place.

Your daughter is, I suspect, being infantilized by the constant criticisms and interference in her finances. You don’t trust her enough to make her own decisions, so you interfere and get frustrated by all her bad habits and, as you see them, mistakes. But it also helps prevent her from standing on her own two feet and facing the music when things go wrong. Why? She knows you will step in to show (a) you care and (b) you told her so.

There are financial therapists who can help you analyze your emotional relationship to money and why you make the decisions we do. But it may be that you all have to make decisions that go against your instincts. Stop trying to change your daughter, and stop bailing her out. She may do her utmost to provoke you to lose your cool with her. No more loans. Let her go on vacation. Just don’t be around to pick up the bill.

You could set up a trust with stipulations: when your daughter receives certain amounts of money and how she is allowed to spend it. There is a balance between being too controlling and prescriptive enough to encourage her to make good choices. But ultimately that is out of your hands. As I said at the beginning of my response, I worry that your responses to her are exacerbated by your fears over your own health.

It would be a shame to waste these years sparring with your child when you could put all that aside, and enjoy each other for you are, instead.

More from Quentin Fottrell:

Is it OK for my new boyfriend to ask me to split the bill? ‘I don’t want him to get used to me paying for my own meals.’

My stepdaughter is executor to her late father’s will, and believes she’s now on the deed to my home. Is that possible?

I inherited $246,000 from my late mother and used $142,000 to pay off our mortgage. If we divorce, can I claim this money?

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