Autor: Steven A. Sass

Daily headlines warn American workers that their retirement years may be far from golden. The main components of the retirement income system Social Security and employer-provided pensions and health …

Sass discusses the evolution of the U.S. Railroad Retirement System and whether its ability to invest its assets in private equities offers any lessons for Social Security. …

Munnell and Sass explore whether equities could help solve the woes facing the U.S. retirement income system in general, and the Social Security shortfall in particular. They examine the experiences …

As prominent as the Wharton School of Business is today, so was the Wharton family in the mercantile world of eighteenth-century Philadelphia. Nineteenth-century scion of this large and wealthy busin …