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More than Two-to-One Support for Personal Retirement Accounts

by Dan Mitchell | Sep 14, 2010 | Big Government, Blogs, Welfare and Entitlements

I am pleasantly shocked to see that a healthy majority of respondents favor partial privatization of Social Security. I knew support was reasonably strong several years ago, but I feared that the financial crisis would have made Americans more leery of financial...

French Workers Protest against Reality

by Dan Mitchell | Sep 9, 2010 | Big Government, Blogs, Economics

I sometimes joke that the French are the world’s most statist people. I have no idea if that is actually true, but the latest protests in France certainly are a good piece of evidence. French workers (especially government bureaucrats) are protesting a plan to...

A Basic – but Critical – Economics Lesson from Walter Williams

by Dan Mitchell | Sep 3, 2010 | Big Government, Blogs, Economics, Free Market, Taxation

Just because something is free, that doesn’t mean there is no cost. This is the core message of Walter Williams’ column, which uses the example of “employer-paid” Social Security taxes to explain how politicians specialize in giving us very expensive things for...

Chile’s Private Social Security System a Big Success

by Dan Mitchell | Aug 25, 2010 | Welfare and Entitlements

Unlike the United States and most European nations, Chile does not face a long-term Social Security crisis. This is because lawmakers shifted to a system of personal accounts almost 30 years ago. As a result, Chile’s economy is much stronger, the financial system is...

“I Wish Republicans Had a Secret Plan for Personal Accounts”

by Dan Mitchell | Aug 19, 2010 | Blogs, Welfare and Entitlements

Here’s my debate on Larry Kudlow’s show about Social Security personal retirement accounts.
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