William G. Shipman was co‐chairman of Cato’s Project on Social Security Choice and is chairman of CarriageOaks Partners, LLC. He has spent more than twenty years in institutional financial research and consulting. Shipman was general partner of H. C. Wainwright & Company. He also established BRS Capital Management Inc. and served as its president and managing director. Shipman’s numerous studies on investment and business strategy have been published in the Financial Analysts Journal, Pensions & Investments, the Congressional Record, and the Journal of Investing. He has testified before the Joint Economic Committee and the House Ways and Means Committee. Shipman is a graduate of Syracuse University.