The Undollar Digest

Is Social Security a Ponzi Scheme?

Robert P. Murphy 09/19/2011 www.mises.org

Ever since Rick Perry derided Social Security as a Ponzi scheme, economists and other pundits have jumped into the fray.  Progressive blogger Matt Yglesias says it’s “nuts” for anyone to talk like this, because Social Security merely relies on future economic growth — just like a private pension plan.  Free-market economist Alex Tabarrok responded to [...]


You must be logged in to view the rest of this article

Users are required to register with our site before viewing this article. Registration is FREE! If you are already registered you may sign in below.

If you are not signed up you may do so in the form on the left. A username and password will be emailed to you.