The Huge Social Security Contradiction

Because saving Social Security takes us to a conflict between math and politics, the Congress has has a tough time selecting solutions.

Social Security Thoughts

Having just passed the French lower legislative branch, a gradual increase in the French retirement age from 60 to 62 during the next 8 years will probably be enacted. In the US, we are gradually ascending to 67 in 2027. It all…

Tax Payers and Entitlement Receivers

I wonder if we should be concerned. Lecture 32 of “Thinking About Capitalism” from the Teaching Company looks at John Stuart Mill (1806-1873), James M. Buchanan (1919-  ), and Mancur Olson (1932-1998). Concerned with the impact of democracy on capitalism,…