Geanakoplos, John; Zeldes, Stephen P. - Cowles Foundation for Research in Economics, Yale University - 2008
). We describe a system of "progressive personal accounts" that preserves the core goals of both parties, and that is self … Social Security must be a defined benefits plan similar in spirit to the current system) seems irreconcilable with the … proposals supported by many Republicans (to create a defined contribution system of personal accounts holding marketed assets …