Privatization of Social Security

In this article from 1997, Martin Feldstein lays out some very persuasive reasons for complete privatization of the Social Security system. He argues that a complete privitization of the system could result in a net present value benefit to the economy of $10-20 trillion. If true, a 10% privatization, as proposed by President Bush, could potentially yield a trillion dollars to U.S.

Read the whole thing.