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A former U.S. Secretary of the Treasury and an eminent economist, both Hoover Institution fellows, tackle the biggest social issue of our time in the book Putting Our House in Order: A Guide to Social Security and Health Care Reform (W.W. Norton, 2008).

Of all the issues swirling around the 2008 election, write George P. Shultz and John B. Shoven, the staggering projected costs for the upkeep of America’s largest entitlement programs—Social Security, Medicare, and Medicaid—loom with gathering intensity. Government revenues alone cannot solve the problem, but a solution must be found.

George P. Shultz is the Thomas W. and Susan B. Ford Distinguished Fellow at the Hover Institution. He served as U.S. Secretary of State from 1982 to 1989, and was U.S. Secretary of the Treasury from 1972 to 1974. John B. Shoven is the Buzz and Barbara McCoy Senior Fellow at Hoover, the Charles R. Schwab Professor of Economics, and Wallace R. Hawley Director of the Stanford Institute for Economic Policy Research at Stanford University.

In this book Shultz and Shoven take a practical—and optimistic—look at the issues at hand, offering an agenda for reform that will make these essential programs solvent.

Drawing on a trove of original research, they take stock of the current situation, consider plans offered by major thinkers in the field, and chart a course toward a system that provides income for the elderly and universal access to health care in ways that are fiscally sound.

Putting Our House in Order: A Guide to Social Security and Health Care Reform
By George P. Shultz and John B. Shoven

ISBN: 978-0-393-06602-9 $24.95 cloth
244 pages April 2008
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