|Wednesday, February 19|
Social Security 101: The Program and the Problem
Day One will cover how the current Social Security system works, how it is financed, and why we must take action to make the system sustainable for the long term. Social Security’s benefit structure, the nature of the Social Security Trust Fund, and the assumptions behind the trustee’s projections of coming insolvency will all be covered. Solutions based on personal retirement accounts will be introduced.
|Thursday, February 20|
Personal Accounts: Facts and Fantasy
Personal accounts sound like a good idea, but many people have doubts. This session will address the toughest objections made against personal retirement accounts, including issues of affordability, progressivity, market risk and more.
|Friday, February 21|
The Alternatives to Individual Accounts
Although proposals for individual accounts have been much debated, there has been far less discussion of the alternatives. Day Three will include a discussion of other proposals for Social Security reform, including tax increases, benefit cuts, and government investment of the trust fund in the stock market. It will look at proposals from prominent opponents of individual accounts from Congress, academia, and special interest groups.
This section will review public opinion findings on personal accounts and include a discussion of how Social Security reform may have impacted the fall elections.
Featuring Holly Bell, Associate Professor (Business), University of Alaska Anchorage; and Hester Peirce, Senior Research Fellow, Mercatus Center; moderated by Louise C. Bennetts, Associate Director, Financial Regulation Studies, Cato Institute.
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In this issue of Regulation, Jonathan H. Adler and Nathaniel Stewart make the case for property-based fishery management, utilizing territorial or catch-share allocation among fishery participants. Also in this issue, Michael L. Wachter explores the relationship between the much-maligned National Labor Relations Act and the decline in union membership.
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