Top Ten Myths of Social Security Reform

The top ten myths about CO2 lasers in dentistry.

Myths of Welfare Reform

In Australian welfare reform debate, a range of approaches and policies have been advocated. Regardless of their diversity, I argue that the debate has an unnecessarily narrow framework resulting from the widespread acceptance of at least three welfare reform myths. First, is the idea that the current system is anachronistic and in disrepair. Instead of this narrow focus on welfare policy, I ar...

Anyone for Social Security Reform?

A reform of a pay-as-you-go social security makes the pensioners worse off and the working generations better off in the period of the reform (in a dynamically efficient economy without altruism). The observed reluctance across all age groups to support such reforms is usually explained by the insurance properties of these schemes. I propose an alternative in a two sector setting. Since the old...

Farmers and Social Security Reform

For several years, reports from the Trustees of the Social Security system have warned us that at the current rate of benefits and given the current age structure of our population, the Social Security system will go broke sometime between 2038 and 2042. To address Social Security Trustees’ concerns, President Bush, in his postelection speech, reported that one of the legacies of his administra...

Social Security Sustainability and Reform

Social Security is the foundation of retirement and disability income support in the United States, paying out $615 billion in benefits in 2008 to nearly 51 million beneficiaries. Although the core functions of Social Security remain largely unchanged, the system now faces an exceptional challenge: It is not financially sustainable in its current form. In the coming years, efforts to meet this ...