Teachers and Students > Debates
French workers go on strike.......have your say :)
$tyli$h Executive:
--- Quote from: ~Alpha on November 01, 2010, 12:55:57 pm ---To finance public goods and combat externalities, welfare maximisation, that is the aim. And retired people who do not have a pension schemes are an externality for the society. They shoot up poverty rates, decrease consumption, and hence investment, economic growth... the usual trend.
--- End quote ---
This would not be the case if they self-financed their pensions. ;)
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