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Social Security Privatization
Town Hall
"What's it all about?"
Get the facts and get your questions
answered.
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Dr. Max J. Skidmore
Professor of Political Science, UMKC, Author of “Social Security and Its Enemies”
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Dr. Stephanie Kelton
Assistant Professor of Economics
University of Missouri at Kansas City
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Monday August 8 6:30 PM
Mary Jane Teall Theater, Century II
225 W. Douglas, Wichita
Max Skidmore is professor of Professor of Political Science University of
Missouri-Kansas City. He is the author of numerous books, and of scores of articles and chapters on a wide variety of topics. His most recent books: Presidential
Performance: A Comprehensive Review and After the White House: Former Presidents as Private Citizens (both published in 2004).
He is nationally and internationally recognized as an authority on Social Security and Medicare, and is the author of Social Security and its Enemies, and Medicare and the
American Rhetoric of Reconciliation.
Professor . Skidmore has been Senior Fulbright Scholar, University of Hong Kong and Distinguished Fulbright Lecturer in American Studies, India.
Two of Professor Skidmore’s articles on Social Security are available on-line.
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“Why Privatizing Social Security Is a Bad Idea”
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“There can be little doubt, at least among those who view the issue objectively, that
it is purely iIdeology (or misinformation), not economics, that generates the enthusiasm for privatization.”
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“Viewing Social Security Calmly”
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Social Security provides enormous -- and often overlooked -- benefits to the whole
population, not merely to retirees. Workers can count on protection for their dependents and against disability, and no longer is it common to have to support
elderly relatives.
What program could better support family values? Social Security benefits wives who
have not worked outside the home, widows, and children of deceased workers along with caregiving parents.
Americans -- including George W. Bush -- should remember that we once did have a
completely privatized system of retirement. It became a disaster. That's why we now have Social Security.
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Stephanie Kelton has a B.S. in Business Administration (Finance concentration)
and B.A, in Economics, both from California State University, Sacramento. After finishing her undergraduate degrees, she studied at Cambridge University, where she
completed the M.Phil, in Economics, while on an Rotary Scholarship. She then spent 3 years at the Jerome Levy Economics Institute--a public policy institute in upstate
New York-- on a fellowship she won through Christ's College, Cambridge. While at The Levy Institute, she wrote a number of papers that became part of her Ph.D.
dissertation, which she completed at the New School for Social Research. She is currently an Assistant Professor at the University of Missouri, Kansas City and
Research Scholar at the Center for Full Employment and Price Stability (CFEPS). Her new book (edited with Edward Nell), The State, The Market, and the Euro:
Metallism versus Chartism in the Theory of Money, is available through Edward Elgar Press. She has published articles in the Journal of' Economic Issues, the Cambridge Journal of Economics, the Journal of Post Keynesian Economics,
and the Review of Social Economy. Her primary research interests include monetary theory, international economics, employment policy, social security, and European
monetary integration.
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Recommended Books
Dean Baker, Mark Weisbrot Social Security: The Phony Crisis (Paperback)
Barbara R. Bergmann and James Cleaver Bush Is Social Security Broke? : A
Cartoon Guide to the Issues
Michael Hazlitt, The Plot Against Social Security : How the Bush Plan Is
Endangering Our Financial Future
Max Skidmore, Social Security and Its Enemies: The Case for America's Most
Efficient Insurance Program
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