The Real Solution to Social Security Insolvency

By Sven Larson, Ph.D. for the Grassroot Institute of Hawaii

As this is written, in August 2010, the Social Security system is running a deficit. Its ability to support future retirement benefits for Americans is rapidly withering away. Fixes have been offered, but they all center in on postponing the inevitable: neither higher taxes nor cuts in benefits will save the system from its demise. Those methods have been tried before and failed. (more)

see comments

Commentaries

August 2010

China's Free-Market Summer Camp

Ken Schoolland

Li Zhao Schoolland organized the first China Austrian Economics Camp (CAEC) this summer with Northeastern University (NEU) of Shenyang, China. Those teaching about the economics and ethics of free markets included Tom Palmer of the Atlas Economic Research Foundation and the CATO Institute, Fred Foldvary of Santa Clara University, Cris Lingle of Francisco Marroquin University in Guatemala, Kenli Schoolland of the University of Buckingham in England, Zhu Haijiu of Zhejiang GongShang University in China, Dean Peng of Beijing, Jeff Crawford and Ken Schoolland of Hawaii Pacific University, and Li Schoolland. Four of these teachers are members of the Mont Pelerin Society, founded in 1947 by Friedrich Hayek to promote an intellectual resurgence of free market ideas.

(more)

see comments

Contributions to Grassroot Institute of Hawaii are tax-deductible to the fullest extent of the law.