Dynamist Blog

Error Correction

A rather important "not" was omitted in the post below on what Richard Thaler's work on Sweden's private retirement accounts says about private social security accounts here. The sentence should read: "It does not suggest we shouldn't have them." Thaler's work implies that a relatively small number of options, with defaults set to provide proper diversification, would be better than a one-size-fits-all politically administered plan.

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