Issue 286
Dear Dr. Dollar:
In his book Colossus (2004), Niall Ferguson argues that a major problem with Social Security and Medicare is their underfunded liabilities--to the tune of $45 trillion. Ferguson uses a 2003 report by Jagadeesh Gokhale and Kent Smetters to substantiate the seriousness of the issue. Can you comment on
Get on That Scale!
Starting this year, North Carolina teachers and state employees will be subjected to health compliance testing to qualify for their
Pillaging Villains of the Financial Crisis
A review of It Takes a Pillage: Behind the Bailouts, Bonuses and Back-room Deals from Washington to Wall Street by Nomi Prins (John Wiley & Sons, 2009).