I'm reading this work by Paul Krugman and I find it very interesting. Considering that I was born in Spain though I'm an American citizen working in the previous country, I haven't been up-to-date with American politics and issues until a few years ago. I think that his columns are very humane and it can turn economist into a more humane human beings. I started reading it yesterday and I'm going deep into Health care system. In my opinion economists have to reach an intermediate point in economics. Everytime you study an economic issue there are two extreme sides. For example, if you tax too much corporations you can decrease investment and innovation and if you tax too much high wages you desincentivate hard work among young people, which is the wheel of prosperity. Military spending is very necessary because the world if full of danger (In Spain the Airforce is close to suffer from technical obsolescence). On the other hand you can't let people without medical assistance because it's immoral and American people don't deserve that suffering. Regarding the first chapter I think that if privatization of Social Security was unrisky, it would be an incredible idea. So it is a terrible idea if we take into consideration slumps in economic activity and the repoblation rate is over 2.1. I'll keep reading this great book while working here in Spain because it's making me focus on economics. This is because real problems in people's life is what has to motivate an economist. Any thoughts about this book? PD : I found an obstacle while calculating capital gains for private retirement insurances. How do you calculate the Present Value of a series of payments which increases it's amount over time? I worked on it just a few free minutes and I don't find the solution.