Robin Hanson wrote:

> It also suggests that most people might stay with social security
> if it were made voluntary - at least for a while.

This is a really neat point, especially because I'm pretty sure it's
wrong.  I can't imagine many people who are already comfortable with
personal investing sticking with SS.  At least measured in dollars
rather than people, I'd expect more than 50% pullout from SS within a

Hoping I get the chance to be proven right or wrong, but not holding my

            Prof. Bryan Caplan               [EMAIL PROTECTED]    

  "We may be dissatisfied with television for two quite different 
   reasons: because our set does not work, or because we dislike 
   the program we are receiving.  Similarly, we may be dissatisfied 
   with ourselves for two quite different reasons: because our body 
   does not work (bodily illness), or because we dislike our 
   conduct (mental illness)."
                   --Thomas Szasz, *The Untamed Tongue*

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