Treasury employee Linda Tarkenton of Philadelphia holds a blank U.S. Treasury check before it’s run through a printer at the U.S. Treasury printing facility. Photo by William Thomas Cain/Getty Images. Update: | Laurence Kotlikoff has agreed to answer…

From "Why Social Security?" (1937). Social Security Administration pamphlet explaining need for the new system in terms of the transition from rural to urban-industrial society. Illustration by Hendrik Willem Van Loon, photo via flickr user Tobias Higbie. Paul Solman answers…

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