Excerpt from “The Hard Math of Demography”
Aug 6th, 2009 | By Addison Wiggin | Category: Featured, Macro Economics
Social Security? Not Exactly
The first public retirement pension scheme was created by Otto von Bismarck in 1880 Germany. Fifty years later, during the Great Depression, Franklin Roosevelt followed suit in the United States. As we’ve seen, the number of people expected to reach the retirement age of 65 was not ...read more
