Brought to you by

Economics in Plain English

Social Security: The Greatest Government Policy of All Time?

Aug 01, 2014 | 13 videos
Video by The Atlantic

On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act, which aimed to reduce poverty among the elderly. Eight decades later, it is the one of the most effective anti-poverty programs in U.S. history. So, why do some people hate it? Derek Thompson explains.

We want to hear what you think about this article. Submit a letter to the editor or write to

Author: Derek Thompson

About This Series

Derek Thompson answers questions from readers about business and money.