Is Social Security a Ponzi Scheme?
marginalrevolution.com/marginalrevolution/2025/03/is-social-security-a-ponzi-scheme-2.html
Elon recently re-opened the perennial debate about whether Social Security is a ponzi scheme. Here’s my, lightly edited post from 2011.
Elon is in good company calling social security a ponzi scheme. First up is Nobel prize winner Paul Samuelson who wrote:
The beauty of social insurance…
This story appeared on marginalrevolution.com, 2025-03-05 12:18:43.