Abstract:
Liberals have been suspicious of Social Security personal accounts (aka “privatization”) in part because conservatives proposed the reforms. This is misguided.
I invite them to step back and consider the political economy and the financial economics afresh. If they do, they will likely become enthusiastic supporters of properly-structured Social Security personal accounts.
Publication date:
December 1, 2007
Publication type:
Journal Article
Citation:
Economists' Voice, December 2007