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Social Security - A Fresh Look at Policy Alternatives (Hardcover, New): Jagadeesh Gokhale Social Security - A Fresh Look at Policy Alternatives (Hardcover, New)
Jagadeesh Gokhale
R1,261 R1,188 Discovery Miles 11 880 Save R73 (6%) Shipped within 7 - 13 working days

Many of us suspect that Social Security faces eventual bankruptcy. But the government projects its future finances using long outdated methods. Employing a more up-to-date approach, Jagadeesh Gokhale here argues that the program faces insolvency far sooner than previously thought.

To assess Social Security's fate more accurately under current and alternative policies, Gokhale constructs a detailed simulation of the forces shaping American demographics and the economy to project their future evolution. He then uses this simulation to analyze six prominent Social Security reform packages--two liberal, two centrist, and two conservative--to demonstrate how far they would restore the program's financial health and which population groups would be helped or hurt in the process.

Arguments over Social Security have raged for decades, but they have taken place in a relative informational vacuum; "Social Security" provides the necessary bedrock of analysis that will prove vital for anyone with a stake in this important debate.

Fiscal and Generational Imbalances - New Budget Measures for New Budget Priorities (Paperback): Jagadeesh Gokhale, Kent A.... Fiscal and Generational Imbalances - New Budget Measures for New Budget Priorities (Paperback)
Jagadeesh Gokhale, Kent A. Smetters
R278 R258 Discovery Miles 2 580 Save R20 (7%) Special order

Many appreciate that the federal government's finances are shaky. However, few realize how bad they really are. As we approach a time when entitlement outlays dominate federal spending, this book recommends shifting to a new, forward-looking method of analyzing our fiscal position.

The Government Debt Iceberg (Paperback): Jagadeesh Gokhale The Government Debt Iceberg (Paperback)
Jagadeesh Gokhale
R224 Discovery Miles 2 240 Special order

Nobody who has even a passing acquaintance with economics could fail to realise that Western governments are highly indebted. Current generations have been consuming at the expense of future generations. However, just how indebted are we? The government measures how much it has borrowed to meet past spending commitments, but it does not measure how much money it needs to meet all the future pensions and healthcare promises it has made to tomorrow s older generations. Furthermore, no funds have been set aside to provide for these costs. Governments are allowed to produce accounting information in such a cavalier fashion, using methods that would be illegal for private sector companies. Fortunately, though, scholars have been able to examine the detail of government policy and the financial commitments of future governments in order to determine just how indebted we are. This IEA publication brings such calculations to life by showing by how much spending will need to be cut and taxes raised in order to make the government s fiscal position sustainable. This work should be of interest to politicians, to students and teachers of economics and, indeed, all who are interested in public policy and the sustainability of Western economies.

ESP Multi User00 (Paperback): Douglas Bernheim, Jagadeesh Gokhale, Laurence J. Kotlikoff ESP Multi User00 (Paperback)
Douglas Bernheim, Jagadeesh Gokhale, Laurence J. Kotlikoff
R8,839 R6,394 Discovery Miles 63 940 Save R2,445 (28%) Special order
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