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New in Paperback. While everyone agrees that Social Security is a vital and necessary government program, there have been widely divergent plans for reforming it. Peter A. Diamond and Peter R. Orszag, two of the nation's foremost economists, propose a reform plan that would rescue the program both from its projected financial problems and from those who would destroy the program in order to save it. Since the publication of the first edition o...

This book should be read by all of those interested in the future of Social Security. It is the definitive defense of the collective approach to Social Security that the United States has pursued successfully for the last sixty-five years, and it provides important ideas that will figure prominently in future debates as Social Security reform inevitably returns to the top of our national agenda.' -Lawrence H. Summers, Secretary of the Treasury...