Retirement Savings in the Dark
For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
From the business section of today's New York Times. Louis Uchitelle drew about the same conclusion I did in my post a couple of days ago, on the basis of that panel with Marty Feldstein and the SF Fed head. Click here for the full article —CJS
Economists Warm to Government Spending but Debate Its Form