A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

The Social Security benefits program has crucial differences from a Ponzi scheme, which is an illegal money-making fraud. A Ponzi scheme is based on signing up more and more investors to pay off ...

Imagine you were a close observer of American politics who fell asleep, say, 25 years ago and woke up last week. You discover the Republican Party’s leader is a wealthy heir who is broadly supported ...

Elon Musk has suggested making changes to Social Security, including implying it is a Ponzi scheme, which has sparked debate. Social Security is funded by payroll taxes and is designed as a ...

Grattan Institute began with contributions to its endowment of $15 million from each of the Federal and Victorian Governments, $4 million from BHP Billiton, and $1 million from NAB. In order to ...

RACHEL REEVES, Britain’s chancellor, loves “working people”. She mentioned them 13 times in her budget speech in October. But like her Conservative predecessors, Ms Reeves is rather less keen on ...