Search Results for: Fred J. Solowey

Mar 1 1998

Selling Social Insecurity

Stossel Embraces Pinochet’s Pension Privatizer

Early last year, ABC News asked me to participate in a “town meeting” at the right-wing Cato Institute. It was for a piece that ABC’s 20/20 was doing on José Piñera, Cato’s guru of Social Security privatization. The Harvard-educated economist–who also owns a lucrative world-wide consulting business–axed Social Security in his native Chile in 1981, while serving as minister of labor for the Pinochet military dictatorship, and now argues for the U.S. doing the same thing. Having written extensively on Chile’s privatized, individual pension account system, I accepted the opportunity to warn millions of Americans about the danger Piñera represents […]