Book cover of Saving Social Security: a Balanced Approach

Book description

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While everyone agrees that Social Security is a vital and necessary government program, there have been widely divergent plans for reforming it. Peter A. Diamond and Peter R. Orszag, two of the nation's foremost economists, propose a reform plan that would rescue the program both from its projected financial…

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Why read it?

1 author picked Saving Social Security as one of their favorite books. Why do they recommend it?

This book analyzes the financial position of Social Security, presents a plan for fixing it, and argues against diverting Social Security revenue into individual accounts.

Its proposal preserves the value of Social Security in providing a basic level of benefits; it increases the value of benefits for particular low-income groups such as workers who have long careers at low pay, and widows and widowers with low benefits; and it eliminates Social Security’s long-term deficit. 

From John's list on fixing social security.

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Book cover of Social Security for Future Generations

Social Security for Future Generations by John A. Turner,

This book provides new options for reform of the Social Security (OASI) program. Some options are inspired by the U.S. pension system, while others are inspired by the literature on financial literacy or the social security systems in other countries.

An example of our proposals inspired by the U.S. pension…

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