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Personal Retirement Accounts Are (Still) Superior to Social Security

Personal Retirement Accounts Are (Still) Superior to Social Security

by Dan Mitchell | Oct 31, 2025 | Big Government, Blogs, Welfare and Entitlements

Here’s a video I narrated nearly 15 years ago explaining why personal retirement accounts are superior to a government pay-as-you-go regime. Given the passage of time, it’s worth revisiting the issue to see what’s changed. Some information needs to be updated. The...
France, Electoral Suicide, and the 22nd Theorem of Government

France, Electoral Suicide, and the 22nd Theorem of Government

by Dan Mitchell | Oct 15, 2025 | Blogs, Economics

Back in 2011, I shared two cartoons to illustrate why the welfare state might theoretically collapse. Today, I’m going to examine what I fear will be a real-world example. I’ve written a four-part series about France’s dire fiscal status...
Personal Retirement Accounts Are (Still) Superior to Social Security

Social Security and Factual Myths

by Dan Mitchell | Aug 11, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements

I recently wrote about the five potential ways of dealing with Social Security’s simmering crisis and noted that most supposed solutions moved us in the wrong direction on the spectrum. And I wrote less than two months ago about the...
France, Electoral Suicide, and the 22nd Theorem of Government

Five Options for the Future of Social Security

by Dan Mitchell | Jul 28, 2025 | Big Government, Blogs, Welfare and Entitlements

Back in 2020, I created a simple visual to explain potential options for Social Security. My goal was to help readers understand that politicians have the ability to make the current system better, but they also could make it even worse. But I’m not...
Personal Retirement Accounts Are (Still) Superior to Social Security

Social Security’s $65.8 Trillion Problem

by Dan Mitchell | Jun 19, 2025 | Big Government, Blogs, Economics, Welfare and Entitlements

The Social Security Administration has released the yearly forecast of the program’s long-run finances. Per tradition (see 2024, 2023, 2022, 2021, 2020, etc), that means it is time for my annual explanation of why we have a grim...
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