This crisis is man-made, due to poor policies adopted on the basis of flawed ideologies. Private provision may fulfill a useful purpose allowing savers to have a more comfortable retirement. The basic pension, however, should be provided by a simple-to-run State Pension. Not means-tested, identical for all, ending all tax subsidies (only helping the better-off) for private pensions can finance a sufficient basic protection.
How to Protect Yourself from the Looming Pension Crisis
Rethinking Triffin: The Fiscal Dimension of the Dollar Dilemma
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The debate over Robert Triffin’s famous “dilemma” continues to animate
policymakers and commentators. Stephen Miran, a leading economic advisor to
Mr. Tr...
1 hour ago
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