The same money can't be spent twice. ObamaCare tries to do precisely that, and the government will have to borrow the difference.

In an era of stories about teacher layoffs and teacher unions protesting for better pay and benefits, it's assumed that this profession gets the short end of the wage stick when it comes to serving in public schools.

Working paper on thepolicy implicationsof pay-as-you-go retirement plansin regard totax and benefit timing.

Europe’s current debt crises are a consequence of a region-wide crisis of the welfare state, whose vast promised benefits voters demand, yet are unwilling to finance through self-taxation.

Just a few weeks ago Romney accused people who use these tactics of "demagoguing [the] issue" and said such rhetoric "harms America." Now he is engaging in the same demagoguery himself.

Those hoping for Social Security reform, including reforms based on individual savings accounts, should not make the same mistake again.

There are some interesting pension developments in Argentina that shed some light on Social Security policy in the United States.

If you look in the right places, something good is percolating in Washington that might actually help the economy.