Michael P. Barry and Brian Donohue
By Michael P. Barry and Brian Donohue 8/9/2022
The fundamental factor driving the retirement crisis is the increasing cost of an “adequate” retirement. Retirement is, just like housing or food, a necessity. We are all going to get to the point where we can’t work anymore. And we must somehow provide for ourselves—as individuals and as a society...
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By Michael P. Barry and Brian Donohue 7/7/2022
Much has been written about the “retirement crisis.” But it has been hard to sort out how what is happening today is different from, say, the 1990s. Hasn’t saving for anything, especially for something as abstract and far off as retirement, always been hard?
In what follows we argue that critical...
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