If retirement incomes depend to a much greater extent on personal savings in pension accounts, then most of the current incentives to retire early will disappear.

ECONOMIST: Springing the pay-as-you-go trap

To a greater extent than is usually recognised, Mr Clinton's dominance of the public debate is as much a result of where the spotlight is shining as of his undoubted drawing-power.

ECONOMIST: Al Gore��s unruly party