Is American Inequality a Myth? With Sen. Phil Gramm
In his recent book "The Myth of American Inequality," former U.S. Senator Phil Gramm (along with co-authors Robert Ekelund and John Early) challenges conventional wisdom on the state of income inequality in the United States. Gramm argues that the gap between the rich and the poor is not as wide as often claimed because it is measured incorrectly, thus biasing public policy debates.
On this episode, he joins Bethany and Luigi to discuss the data and evidence behind his claims, as well as implications on the pursuit of equality of opportunity, the "war on poverty," and the role of government in shaping economic outcomes. This is the first of a two-part series on poverty and inequality in America. Stay tuned for a forthcoming episode with sociologist Matthew Desmond for a perspective opposite from Sen. Gramm and his co-authors.
Bonus: While in Congress, Sen. Gramm was one of the sponsors of the Gramm-Leach-Bliley Act of 1999, a piece of legislation that some consider to have significant ramifications on both the 2008 financial crisis and a direct line to the recent SVB banking meltdown. Keep an eye out on our handle @StiglerCenter on Twitter, Instagram, and YouTube for additional Capitalisn't content on this topic.
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Link to the advertised Chicago Booth Review podcast: https://www.chicagobooth.edu/review/p...
Видео Is American Inequality a Myth? With Sen. Phil Gramm канала Stigler Center
On this episode, he joins Bethany and Luigi to discuss the data and evidence behind his claims, as well as implications on the pursuit of equality of opportunity, the "war on poverty," and the role of government in shaping economic outcomes. This is the first of a two-part series on poverty and inequality in America. Stay tuned for a forthcoming episode with sociologist Matthew Desmond for a perspective opposite from Sen. Gramm and his co-authors.
Bonus: While in Congress, Sen. Gramm was one of the sponsors of the Gramm-Leach-Bliley Act of 1999, a piece of legislation that some consider to have significant ramifications on both the 2008 financial crisis and a direct line to the recent SVB banking meltdown. Keep an eye out on our handle @StiglerCenter on Twitter, Instagram, and YouTube for additional Capitalisn't content on this topic.
Follow the Stigler Center's publication: https://www.promarket.org or @ProMarket_Org on Twitter
Follow our Capitalisn't podcast: https://www.capitalisnt.com
Follow Capitalisn't on Instagram: https://www.instagram.com/capital_isnt
Visit our website: https://www.chicagobooth.edu/stigler
Sign up for our newsletter: https://www.chicagobooth.edu/research...
Like us on Facebook: https://www.facebook.com/stiglercenter
Follow us on Twitter: https://www.twitter.com/stiglercenter
Follow us on Instagram: https://www.instagram.com/stiglercenter
Follow us on LinkedIn: https://www.linkedin.com/showcase/151...
Link to the advertised Chicago Booth Review podcast: https://www.chicagobooth.edu/review/p...
Видео Is American Inequality a Myth? With Sen. Phil Gramm канала Stigler Center
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