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American Conversation Essentials: Caroline Hoxby on Intergenerational Redistribution

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Published on May 28, 2013

Working with the 92nd Street Y (92Y) in New York City, the Hoover Institution has launched a new video series entitled American Conversation Essentials features Hoover senior fellows delving into a broad array of topics, ranging from income inequality to national security. In the first video, Senior Fellow Caroline Hoxby discusses the challenges posed by the intergenerational transfer of wealth from younger to older Americans. Under current financing mechanisms for Social Security and Medicare, benefits received by today's seniors exceed their contribution into the system.

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