Essays in Political Economy

This is a concise critical history of the federal program of Old-Age, Survivors and Disability Insurance ( OASDI ), popularly known as Social Security .

How much of the spectrum should be privatized? All of it, writes B.K. Marcus. Even the vast "beachfront property" held by the military? Yes, all of it.

Social Security was designed as a tool of macroeconomic policy: a social arm of central planning passed in age of boundless faith in the power of the state.

Among the most popular and consequential beliefs of our age is the belief in collective security. Nothing less significant than the legitimacy of the modern state rests on this belief. And yet, the idea of a collective security is a myth that provides no justification for the modern state.