The Virtues of Personal Accounts for Social Security: A Comment to Lazear

Alberto Chilosi ()

Public Economics from EconWPA

Abstract: Edward 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.

Keywords: Personal accounts; social security; pensions (search for similar items in EconPapers)
JEL-codes: D6 D7 H (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pbe
Date: 2005-06-09
Note: Type of Document - pdf; pages: 4

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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwppe:0506008

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