Monday, October 17, 2011

Would the Chilean model work in the U.S.?

Bloomberg takes a closer look at the Chilean pension model that presidential candidate Herman Cain wants to adapt to the United States. As I've argued before, it really all comes down to transition costs.

1 comment:

Larry said...

Thanks for the link to this article, Andrew. I blogged about it here:

http://larrywillmore.net/blog/2011/10/18/pinochets-chile-model-for-us-pension-reform/