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Apr 27, 1981

Social Security: The Inherent Contradiction

Peter Ferrara is Director of the International Center for Law and Economics and President of the Virginia Club for Growth. He is a graduate of Harvard College and Harvard Law School, and has practiced law with firms on Wall Street and in Washington, DC.

In this video, Ferrara lectures at a Libertarian Party of New York conference on his first book, Social Security: The Inherent Contradiction (1980). He describes in detail the problems built into the way the U.S. Social Security system was designed and offers a method of transitioning to a fully privatized retirement-savings model.