About the Author

Peter A. Diamond is an Institute Professor at the Massachusetts Institute of Technology. His recent books include Social Security Reform, The 1999 Lindahl Lectures (Oxford University Press, 2002) and Taxation, Incomplete Markets, and Social Security: The 2000 Munich Lectures(MIT Press, 2002). He is a former president of both the American Economic Association and the National Academy of Social Insurance. David C. Lindeman is a pensions specialist at the World Bank. Howard Young is an actuarial consultant and adjunct professor of mathematics at the University of Michigan.