In the March 11 Crimson article, "Economic Objectivity? Martin Feldstein's Social Security Findings," the views of Professor of Economics Lawrence H. Summers were innacurately portrayed. The article failed to report that Summers said the bulk of evidence supports the conclusing that expected social security benefits reduce personal savings.
In addition. The Crimson should have noted that the author of the article is the son of a former commissioner of the Social Security Administration (SSA). This association might have created the appearance of a conflict of interest because the main accusations against Feldstein's research were levelled by two SSA economists. The editors were unaware of the family association prior to publication, but do not believe that it affected the objectivity or fairness of the article.
Read more in News
The Quest for a Fuller Existence
