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This paper uses the theory of "capital as power" to analyze the struggle over public pensions in the United States …. While mainstream commentators claim that public pensions must be "reformed" because they are "under funded", I argue that … enormous investment fees associated with it. I propose that the deconstruction of public pensions is part of a larger effort to …
Persistent link: https://www.econbiz.de/10013272851
Social Security privatization, in any form, will only highlight the problems that individuals face when left on their …
Persistent link: https://www.econbiz.de/10014591483
This paper uses the theory of ‘capital as power’ to analyze the struggle over public pensions in the United States …. While mainstream commentators claim that public pensions must be ‘reformed’ because they are ‘under funded’, I argue that … enormous investment fees associated with it. I propose that the deconstruction of public pensions is part of a larger effort to …
Persistent link: https://www.econbiz.de/10013263157
Persistent link: https://www.econbiz.de/10012120727
Definitions can matter, and Don Fullerton and Michael Geruso argue that proponents of social security privatization … mean a host of different things by "privatization." They point out that many of the gains from privatization seen by … economists like Martin Feldstein and Laurence Kotlikoff owe to only a few aspects of privatization. …
Persistent link: https://www.econbiz.de/10005246671
Social Security privatization, in any form, will only highlight the problems that individuals face when left on their …
Persistent link: https://www.econbiz.de/10005246674
performances stimulated financial optimism and legitimized what is commonly known as pension privatization (diverting contributions … in his 1999 State of the Union address. Although pension privatization appeared as the most debated policy alternative in …
Persistent link: https://www.econbiz.de/10005763311
-sector model, leading to a different conclusion about the desirability of unfunded pensions. …
Persistent link: https://www.econbiz.de/10011090643
This paper analyses the effects of reducing unfunded social security and population ageing on economic growth and welfare, both for a small open economy and for a closed economy.The economy consists of a service sector and a commodity sector.Productivity growth only occurs in the latter sector...
Persistent link: https://www.econbiz.de/10011090756
Persistent link: https://www.econbiz.de/10012312799