The Virtues of Personal Accounts for Social Security: A Comment to Lazear
AbstractEdward P. Lazear‘s thesis that “personal accounts are more consistent with economic principles, avoid government moral hazard, and provide more security than government Social Security” is unsound. The same applies to a number of other statements that are made in the process of expounding the main thesis.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0506008.
Length: 4 pages
Date of creation: 09 Jun 2005
Date of revision:
Note: Type of Document - pdf; pages: 4
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Personal accounts; social security; pensions;
Find related papers by JEL classification:
- D6 - Microeconomics - - Welfare Economics
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- H - Public Economics
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