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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (30593)	5/3/2005 7:14:07 PM
From: Moominoid	Read Replies (2) \| Respond to of 306849

Obviously Social Security reduces the incentive to save and saving. Most people do seem to have some problems with discounting etc.... this is where all this behavioral finance is coming in.... look at all the home equity financing of consumption going on. It used to be that mortgages were a mechanism to bind people into saving. All I'm saying is the setup in Aus seems preferable to the US. Obviously not ideal. So if you are a libertarian where do you draw the line? Should the government take any action to enable equality of opportunity? Say subsidizing/free grad school?