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
History for the Books: Javier Milei & Argentina’s Budget
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For most of 2023, Javier Milei advocated a number of libertarian policies
aimed at reversing Argentina’s long economically downward trend. Among them
was...
9 hours ago
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