SOCIAL WELFARE:
Why Social Security is a Raw Deal - Even for Old Folks*

By David R. Henderson

For baby boomers, Social Security is a rip-off-that much is already well known. But Hoover fellow David R. Henderson argues that even old folks would have been better off without it.

*This article is available only in the print edition of the Hoover Digest. Click here to request a free issue.

David R. Henderson is a research fellow with the Hoover Institution. He is also an associate professor of economics at the Naval Postgraduate School in Monterey, California.