The Predictable Surprise : The Unraveling of the U.S. Retirement System - Sylvester J. Schieber

The Predictable Surprise

The Unraveling of the U.S. Retirement System

By: Sylvester J. Schieber

Paperback | 10 September 2015

At a Glance

Paperback


RRP $80.95

$53.90

33%OFF

or 4 interest-free payments of $13.47 with

 or 

Aims to ship in 5 to 10 business days

When will this arrive by?
Enter delivery postcode to estimate

Social Security is in jeopardy, private pension systems have fallen apart, and workers are trying to save on their own for retirement with the stock market in the worst shape since the Great Depression. In The Predictable Surprise, Sylvester J. Schieber shows that forewarnings of the coming retirement crisis have been apparent for decades, but we have never mustered the political will to address the problem. This book explains how we have gotten into the retirement predicament and where we can go from here. Schieber, a renowned authority on this topic, provides a compact, insightful history of Social Security, pension plans, and other retirement options, highlighting both their original justifications and the point when things began to go wrong. He brings his discussion right up to the present morass and concludes with suggestions as to how we can reform our retirement system. Our situation is not hopeless, Schieber concludes, if we take on some of these issues and resolve them.
If we do not, we will severely jeopardize the prosperity of younger generations.
Industry Reviews
"Schieber probably knows more about American retirement programs than anyone. He has advised the Social Security system, consulted with private firms and written widely on the subject. His book shows how today's 'entitlement' psychology dates to Social Security's muddled beginnings."--Robert Samuelson, Washington Post "The topic is very timely as the entire retirement system in the US is under pressure with firms and governments facing financial problems...The author is a well known expert in the field of retirement income and has written widely on these topics. He reaches out to the reader by presenting real stories that illustrate important points. Schieber relies on his background as an executive of a benefit consulting firm, his work with the government on Social Security, and his expertise as an economist. Blending these career experiences, he is able to consider the American retirement system from a variety of perspectives..."--Robert Clark, Professor of Economics and Business Management, North Carolina State University "Schieber cuts through the thicket of rhetoric and specialized knowledge to reveal the interplay of demographics, economic conditions, politics, and government regulations that have led to this current crisis. It's hard not to share Schieber's respect for the architects of Social Security and what they accomplished during difficult times, and his regret that the current political climate doesn't encourage thoughtful discussion of needed reforms. This book is an invaluable resource for anyone who wishes to engage in that discussion." --Publishers Weekly "The discussion necessarily gets deep into the weeds--analysts and policymakers will welcome the thoroughness--but general readers will appreciate Schieber's efforts to warm the material with quotations from Sophocles, Confucius, Dickens, Churchill, Lewis Carroll and even Mae West, and to demystify the arcana with a plethora of table, charts and graphs, and a useful glossary . . . Precisely the sort of levelheaded, serious discussion our political leaders appear so unwilling to conduct."--Kirkus Reviews "The American people will only take the painful steps necessary to restore fiscal order, particularly with respect to Social Security and Medicare, when they understand the roots of the problem. Syl Schieber's The Predictable Surprise explains the demise of the retirement system with great clarity, emphasizes the importance of demographics in forcing the need for change, and provides the background knowledge necessary to sensibly consider the way forward. I not only suggest reading this book, but hope you will encourage members of Congress to do the same."--George P. Shultz, former Secretary of Labor, Director of the Office of Management and Budget, Secretary of the Treasury, and Secretary of State "Syl Schieber's The Predictable Surprise is must-reading for scholars and students, policymakers and concerned citizens interested in retirement and retirement income issues. Schieber, an impressive researcher with sterling private-sector and policy experience, blends history, theory and data into a compelling, comprehensive analysis that confronts the difficult impending reality and points the way forward. So avoid an unpleasant surprise; read The Predictable Surprise."--Michael J. Boskin, Tully M. Friedman Professor of Economics and Hoover Institution Senior Fellow, Stanford University, former Chairman of the President's Council of Economic Advisers "There are at least three reasons why Syl Schieber's work may be unique in the retirement security field. First, he is equally an expert about Social Security and about private-sector pensions. Second, he has a rare command of how the history of each system has led to its present condition. And third, he is an exceptionally creative analyst, going wherever the evidence leads and unconstrained by ideology. The Predictable Surprise may be the best book yet written for those who want to understand each of Social Security, private pensions, state pensions and the interrelationship between them. One hopes that it will be widely read by key decisionmakers at both ends of Pennsylvania Avenue."--Charles Blahous, Senior Research Fellow, Mercatus Center, George Mason Univeristy, former Deputy Director of the National Economic Council "The Predictable Surprise is the most comprehensive review of our retirement system that I have ever read. Syl Schieber artfully blends detailed analyses of individual policy decisions with commentary on the macro retirement environment. If you want to truly understand the roots of our current retirement challenges, you must read The Predictable Surprise."--John J. Haley, CEO, Towers Watson "Those who hope to tackle one of the biggest public policy issues of the next decade should imbibe Sylvester Schieber's The Predictable Surprise: The Unraveling of the U.S. Retirement System." --World

More in Welfare & Benefit Systems

AARP : America's Largest Interest Group and Its Impact - Christine L. Day
Long Yarn Short : We Are Still Here - Vanessa Turnbull-Roberts

RRP $34.99

$31.75

The Optimistic Child - Martin Seligman

RRP $22.99

$21.90

Effective Child Protection : 3rd edition - Eileen Munro

RRP $98.99

$62.75

37%
OFF
Community and Human Services : Concepts for Practice - Karen Crinall
Essential Skills for Youth Work Practice - Kate Sapin

RRP $102.00

$66.25

35%
OFF
The Handbook of Counselling Children & Young People - Maggie Robson
Children with Disabilities : 8th Edition - Mark L. Batshaw

RRP $180.00

$149.25

17%
OFF
Child Welfare in America : A Reference Handbook - Yvonne Vissing

RRP $110.00

$83.75

24%
OFF
An Introduction to Child and Adolescent Mental Health - Maddie Burton
Wellbeing from Birth - Rosemary Roberts

RRP $81.40

$66.75

18%
OFF
Childhood and Society : 3rd edition - Michael Wyness

RRP $69.99

$57.75

17%
OFF
Human Growth and Development - Chris Beckett

RRP $80.99

$75.50