John Tamny

John Tamny is Founder and President of the Parkview Institute, editor of RealClearMarkets, senior fellow at the Market Institute, and Senior Economic Adviser to mutual fund firm Applied Finance Group. Tamny is the author of eight books. His latest is The Deficit Delusion: Why Everything Left, Right and Supply-Side Tell You About the National Debt Is Wrong. His others are Bringing Adam Smith Into the American Home: A Case Against Home Ownership, The Money Confusion, When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason, Popular Economics, Who Needs the Fed?, The End of Work, and They're Both Wrong: A Policy Guide for America's Frustrated Independent Thinkers.

Retirement Plans Should Protect Employees From Retirement-Plan Experts

Ian Ayres and Quinn Curtis are law professors at Yale and UVA. Their area of expertise is retirement, and as they see it, the typical employee paying into retirement funds must be saved from himself. The professors want force to make sure the hoi polloi aren’t “misusing” their menu of investment options. Naturally it’s lost on Ayres and Quinn that the collective knowledge of those enrolled in retirement plans vastly exceeds theirs. Fearful that the mouthbreathers will go all in on gold, they’re out to make sure that experts take the proverbial wheel from those who don’t know as much as they imagine they know.

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