Social security's investment shortfall : $8 trillion plus : and the way forward

Social security's investment shortfall : $8 trillion plus : and the way forward / Hakansson Nils H.

The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do, has...

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Bibliographic Details
Main Author: Hakansson, Nils Hemming, 1937-
Format: eBook
Language:English
Published: Singapore : World Scientific, ©2013.
Series:World Scientific series in finance ; v. 3.
Subjects:
Social security > United States > Finance.
Social security > Finance
United States
Online Access:Click for online access
Table of Contents:
  • Ch. 1. Introduction
  • ch. 2. Social security: a very brief overview
  • ch. 3. Safety nets: insurance policies and retirement plans
  • ch. 4. Shortcomings of social security
  • ch. 5. If social security funds had been invested in marketable treasury bonds and stocks ... with other things being equal
  • ch. 6. Privatizing social security results in inefficiency, moral hazard, and very low productivity
  • ch. 7. The way forward.

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