December 2003
Volume 53, 2003FEATURES
Ninety Years of Monetary Central Planning in the United States
Central Banking Has Enabled Extensive Political Influence on Economic Life
DECEMBER 01, 2003 by RICHARD EBELING
School and State: A Neat Solution to the Neatby Dispute
DECEMBER 01, 2003 by DANIEL HAGER
Social Security: Mythmaking and Policymaking
The Government Program Is Robed in Myths
DECEMBER 01, 2003 by JOHN ATTARIAN
Beginning in 1935, when Social Security was enacted, the program's administrators made a huge effort to shape the public's understanding of and beliefs about it. In speeches, articles, pamphlets, and other mass-circulation literature, they described Social Security as "insurance" under which workers pay "contributions" or "premiums" to receive "guaranteed" benefits that, being "paid for," are theirs "as a matter of earned right," without any means test.1




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