Mises Wire

World’s Oldest Worker Retires at 104

World’s Oldest Worker Retires at 104
Lew Rockwell has written on the concept of retirement as a creation of the state in order to gain worker participation in state-funded retirement pension systems (I don’t have the link and can’t find it on LRC). When the Social Security system was created, the average lifespan was not much longer than the age when people could start collecting benefits. Now, most Americans in their forties and fifties expect that they will be able to stop working at age 65 and live for 20-30 years at the expense of the working population. For a refreshing antidote to this mentality, see a story about a 104-year-old who has no plans to retire [link]
All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute