Breaking windows will stimulate the economy, according to a leading public pension advocacy group. Skeptical? The National Institute on Retirement Security (NIRS) has not literally endorsed breaking windows, but a report recently published by the organization relies on the same economic fallacy.According to NIRS-whose membership consists principally of...

Joesph Antos' statement on premium support for Medicare before the House Committee on Ways and Means' Subcommittee on Health

Unfortunately, now that Congress’ supercommittee has failed to reach some kind of budget deal, we may be doomed to crossbows for good.

The negative reaction to a French proposal to raise the retirement age emphasizes that France is unlikely to escape Europe's new age of austerity and the fundamentally flawed European social welfare state model.

The ex-ante best U.S. Social Security replacement rate structure is fairly "flat."

The growing length of retirement for men in part reflects a decline in the number of years spent working. Is this a good thing?

Last year, the Joint Select Committee on Deficit Reduction, also known as the “super committee,” failed to agree on over a trillion dollars in budget cuts. This failure has triggered the looming “sequestration” of an additional $500 billion in defense dollar cuts over the next 10 years, among other mechanical cuts to other parts of the budget

Many on the political left decry the disappearance of defined-benefit pension plans from the private sector and strive mightily to maintain them for public-sector employees. The people who put defined-benefit plans and policies in place assumed there would always be someone able to pay for them.