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9781840643640

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Reviews

'. . . reading it broadens one's mind and makes one realise that economic theory is not finished but still in development; the current move toward using insights from other disciplines is a good example. The real challenge would be to find a way to synthesize the classical and neo-classical approach. In that respect, the book succeeds in providing thoughts and ideas for further research.' -- Bas van Groezen, Income Distribution '. . . well-structured and well-written. . . The author examines the economic assumptions of pay-as-you-go (PAYG) and fully funded pensions, and he uses economic theory masterfully to examine the assumptions underlying arguments for mandatory PAYG and fully funded pension schemes under a critical light. . . both newcomers and specialists will find it worth their time to read this book.' -- Edward Palmer, Journal of Pension Economics and Finance 'This book is a scholarly treatise that illuminates the precepts of neoclassical economics and pensions which orthodox pension economists tend to take largely for granted, and it challenges readers to examine other possible interpretations. . . a well-marked and easy-to-follow pathway into the economics of pensions. . . both newcomers and specialists will find it worth their time to read this book.' -- Journal of Pension Economics and Finance

'... reading it broadens one's mind and makes one realise that economic theory is not finished but still in development; the current move toward using insights from other disciplines is a good example. The real challenge would be to find a way to synthesize the classical and neo-classical approach. In that respect, the book succeeds in providing thoughts and ideas for further research.' -- Bas van Groezen, Income Distribution '... well-structured and well-written... The author examines the economic assumptions of pay-as-you-go (PAYG) and fully funded pensions, and he uses economic theory masterfully to examine the assumptions underlying arguments for mandatory PAYG and fully funded pension schemes under a critical light... both newcomers and specialists will find it worth their time to read this book.' -- Edward Palmer, Journal of Pension Economics and Finance 'This book is a scholarly treatise that illuminates the precepts of neoclassical economics and pensions which orthodox pension economists tend to take largely for granted, and it challenges readers to examine other possible interpretations... a well-marked and easy-to-follow pathway into the economics of pensions... both newcomers and specialists will find it worth their time to read this book.' -- Journal of Pension Economics and Finance

Author Information

Sergio Cesaratto, Professor of Economics, Department of Political Economy, University of Siena, Italy

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