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Charles Rounds

Works Published inMises Daily Article

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The Fiction of Social Security Bonds

Big GovernmentTaxes and SpendingU.S. EconomyInterventionism

05/30/2005Mises Daily Articles
How is Social Security different in kind from any other government program? Charles Rounds argues that it is not different at all.
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No More Euphemisms

Legal SystemTaxes and SpendingFiscal Theory

04/30/2002Mises Daily Articles
Social Security is not an insurance program. A Social Security "account" bears no legal resemblance whatsoever to a bank checking or saving account. Social Security bestows no contractual rights or any other type of property right on workers. In other words, Social Security as it is currently...
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