Government Intervention
ECO/561
Overview
Intervention & history of Social Security retirement benefitsArguments for government intervention Arguments on market based solutionsWho may be helped?Who may be hurt?Externalities & unintended consequencesCost trendsEvaluation of interventionRecommendations
Social Security Retirement Benefits
Arguments for Government Intervention
Arguments for Market Based Solutions
Raise the full retirement ageRaise the earnings capChange the cost of living adjustment
Social Security Retirement Benefits:
Who May Be Helped?
Social Security Retirement Benefits:
Who May Be Hurt?
Externalities & Unintended Consequences
Cost Trends
Evaluation of Intervention
Recommendations
References
McConnell, C. R., Brue, S. L., and Flynn, S. M. (2015) Economics: Principles, Problems, and Policies, 20th Edition, McGraw-Hill Education, New York, NY, USAKessler, G. (2011). Social Security and Its Role in the Nations Debt. Retrieved from https://www.washingtonpost.com/blogs/fact-checker/post/social-security-and-its-role-in-the-nations-debt/2011/07/11/gIQAp1Wl9H_blog.html?utm_term=.fddcb267e2a9Who Pays for Social Security? (2017) Retrieved from https://www.nasi.org/learn/socialsecurity/who-pays