Saturday, December 03, 2005

Don't bet against Robert Fogel

A contributor to Arnold Kling's EconLog says you shouldn't bet against the insight of economic historian Robert Fogel. Fogel, the 1993 Nobel Laureate in Economics, thinks long-term economic growth could prop up the social security system rather easily. He's an optimist to say the least -- thinking that economic growth is often underestimated.

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