Labor's Capital: The Economics and Politics of Private Pensions by Teresa Ghilarducci, Theresa Ghilarducci

Labor's Capital: The Economics and Politics of Private Pensions

Teresa Ghilarducci, Theresa Ghilarducci

228 pages first pub 1992 (editions)

challenging informative medium-paced
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Why are pension funds so large and benefits so small? This examination of the 120-year-old American system of privatized social insurance - often called, at 1.7 trillion dollars, the biggest lump of money in the world - reveals that the system fai...

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