Summary

Personal accounts provide the benefits of the government run Social Security program without the problems. Specifically, personal accounts are more consistent with economic principles, avoid government moral hazard, and provide more security than government Social Security.

Recommended Citation

Lazear, Edward P. (2005) "The Virtues of Personal Accounts for Social Security," The Economists' Voice: Vol. 2 : Iss. 1, Article 4.
DOI: 10.2202/1553-3832.1061
Available at: http://www.bepress.com/ev/vol2/iss1/art4