John Cogan on Entitlements and the High Cost of Good Intentions
2017-12-12 · 66 min · episode 607 · 18 entities
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John Cogan on Entitlements and the High Cost of Good Intentions
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Feed author/publisher: Russ Roberts
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Feed author/publisher: Library of Economics and Liberty
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concepts 12
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John Cogan on Entitlements and the High Cost of Good Intentions
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Feed author/publisher: Russ Roberts
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Feed author/publisher: Library of Economics and Liberty
podcasts 1
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John Cogan on Entitlements and the High Cost of Good Intentions
Episode description as stored
John Cogan of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about Cogan's book, The High Cost of Good Intentions, a history of U.S. entitlement policy. Cogan traces the evolution of government pensions beginning with Revolutionary War vets to the birth and evolution of the Social Security program. Surprises along the way include President Franklin Roosevelt as fiscal conservative and the hard-to-believe but true fact that there is still one person receiving monthly checks from the Civil War veterans pension program. The conversation concludes with Cogan's concerns over the growing costs of financing social security payments to baby boomers.