This volume represents the most important work to date on one of the pressingpolicy issues of the moment the privatization of social security. Althoughsocial se... » 

This volume represents the most important work to date on one of the pressingpolicy issues of the moment the privatization of social security. Althoughsocial security is facing enormous fiscal pressure in the face of an agingpopulation there has been relatively little published on the fundamentals ofessential reform through privatization. Privatizing Social Security fillsthis void by studying the methods and problems involved in shifting from thecurrent system to one based on mandatory saving in individual accounts.Timely and important. . . . Privatizing Social Security presents aforceful case for a radical shift from the existing unfunded payasyougosingle national program to a mandatory funded program with individual savingsaccounts. . . . An extensive analysis of how a privatized plan would work inthe United States is supplemented with the experiences of five other countriesthat have privatized plans. Library JournalA highpowered collection of essays by top experts in the field.TimothyTaylor Public Interest «