Should the United States Privatize Social Security? (Alvin Hansen Symposium Series on Public Policy)
Contributors: Benjamin M. Friedman (Editor, Introduction)
Publisher: The MIT Press
Published: July 9, 1999
Language: eng
Format: Hardcover
Number of pages: 160
ISBN-13: 9780262011747
Subjects: Public finance; Welfare & benefit systems; Privatization; Business & Economics; Politics / Current Events; Business/Economics; USA; Government - U.S. Government; Public Policy - Economic Policy; Public Policy - Social Security; Political Science / General; Economics - General; Congresses; Social Security; United States
First sentence: Social Security is the largest federal government spending program in the United States.
Description: The two papers that make up the core of this book address a fundamental question in the current debate over Social Security, whether to shift, in part or entirely, from today's pay-as-you-go system to one in which individuals retain control over the investment of their funds and therefore personally bear the associated risk. John Shoven argues yes, Henry Aaron no.