Why Delayed Social Security Reform Costs Us

Looking to Social Security, after three quarters of a century of continual growth, it has largely succeeded in providing basic protections to most, though not all, older people. Now, as psychologist Laura Carstensen at the Stanford Center on Longevity suggests, we should be redesigning our institutions around the new possibilities that improved healthcare, reduced physical demands, and long lives provide. But the eternal automatic growth of Social Security is not conditioned on any assessment...