My Cato colleague Jose Pinera makes a powerful argument for “privatizing” Social Security, which is something that has happened in about 30 nations.
My Ph.D. dissertation was on Australia’s private system, so I’ve always had a soft spot for this issue. Sadly, Washington is busy creating new entitlements instead of fixing the ones we already have.
International Liberty 
[…] can click here to see him describing the case for private accounts, both in Chile and the United […]
[…] I’ve written many times about the benefits of personal accounts for the United States, but I find most people are more interested in real-world evidence. Here are just a few of the several dozen nations that either fully or partially utilize private savings instead of political promises. […]
[…] written many times about the benefits of personal accounts for the United States, but I find most people are more […]
[…] in Chile, Jose helped implement many market-oriented reforms. He’s most famous for the system of personal retirement accounts that are now seen as a role model all over the world, but he also guided the privatization of the […]
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What are the other benefits to those reforms?
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[…] If you want to see a strong case for personal retirement accounts, click here for an explanation from the man most responsible for Chile’s remarkable […]
[…] had the pleasure last night of listening to Jose Pinera speak about economic reform in Chile, particularly the system of personal retirement […]
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[…] The video mentions that Chile and Australia deserve special attention. Click here if you want to learn about Chile’s successful system and click here if you want to see how […]
[…] is a reform that has been successfully implemented in about 30 nations and it also should happen in the United States. But an integral feature of this reform is that […]
[…] had the pleasure last night of listening to Jose Pinera speak about economic reform in Chile, particularly the system of personal retirement […]
[…] had the pleasure last night of listening to Jose Pinera speak about economic reform in Chile, particularly the system of personal retirement […]
[…] it sure would be nice to have personal retirement accounts, just like Australia, Chile, and other nations that have modernized their […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. Thisinterview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] is a reform that has been successfully implemented in about 30 nations and it also should happen in the United States. But an integral feature of this reform is that […]
[…] is a reform that has been successfully implemented in about 30 nations and it also should happen in the United States. But an integral feature of this reform is that […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] two charts aren’t analogous, of course, but that’s because there’s nothing to compare. The Social Security system has no savings. Indeed, it discourages people from setting aside […]
[…] two charts aren’t analogous, of course, but that’s because there’s nothing to compare. The Social Security system has no savings. Indeed, it discourages people from setting aside […]
[…] aren’t analogous, of course, but that’s because there’s nothing to compare. The Social Security system has no savings. Indeed, it discourages people from setting aside […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] to collapse and it becomes apparent that higher taxes simply make a bad situation even worse, politicians will have no choice but to renege on unaffordable promises. Just look at what’s happening in Greece and elsewhere in […]
[…] to collapse and it becomes apparent that higher taxes simply make a bad situation even worse, politicians will have no choice but to renege on unaffordable promises. Just look at what’s happening in Greece and elsewhere in […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] scenario). Or we can go with personal retirement accounts – an approach that is working all over the world, while simultaneously boosting growth and creating more retirement […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]
[…] retirement. Another great example is Chile, which set up personal accounts in the early 1980s. This interview with Jose Pinera, who designed the Chilean system, is a great summary of why personal accounts are necessary. All […]