Is American Inequality a Myth? With Sen. Phil Gramm
Capitalisn't15 Kesä 2023

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.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(254)

The Case That Could End Super PACs - ft. Larry Lessig

The Case That Could End Super PACs - ft. Larry Lessig

Everyone blames Citizens United for super PACs. Harvard Law professor Lawrence Lessig says they're blaming the wrong case, and he is actually taking his argument to court. The ruling that actually cre...

8 Loka 47min

The Workplace Is a Dictatorship? - ft. Elizabeth Anderson

The Workplace Is a Dictatorship? - ft. Elizabeth Anderson

At the center of our market economy sits an institution that runs more like a dictatorship. The firm you work for writes the rules and enforces them. There is no vote, no appeal, and no constitution. ...

24 Syys 47min

Why Congress Protects Car Dealers More Than Elon Musk - ft. Eric Zwick

Why Congress Protects Car Dealers More Than Elon Musk - ft. Eric Zwick

For every member of the Forbes 400, there are more than 4,000 private business owners worth at least $10 million. You probably have never heard of any of them.They own the beer distributorship in your...

17 Syys 52min

Can Capitalism Serve the Common Good? - ft. Mariana Mazzucato

Can Capitalism Serve the Common Good? - ft. Mariana Mazzucato

The drugs in your medicine cabinet were probably discovered on your dime, in a university lab, with NIH money. You don't hold the patent. You don't set the price. Same story with the touchscreen, the ...

10 Syys 57min

The One Thing That Could Decide If AI Takes Your Job - Ft. Luis Garicano

The One Thing That Could Decide If AI Takes Your Job - Ft. Luis Garicano

AI is coming for your job; AI isn't coming for your job. Economist Luis Garicano thinks both camps are asking the wrong question. In Messy Jobs: The Work That AI Cannot Reach, Garicano and co-authors...

27 Elo 1h

Can Liberalism Survive This Kind of Capitalism? - ft. Daron Acemoglu

Can Liberalism Survive This Kind of Capitalism? - ft. Daron Acemoglu

For most of the last century liberal democracies offered a simple deal: the economy grows and, if you work hard, you get a fair shot at the rewards. According to 2024 Nobel Prize-winning economist Dar...

13 Elo 53min

How Washington Privatized The Capital Market - ft. Renée Jones

How Washington Privatized The Capital Market - ft. Renée Jones

Amazon went public three years after it was founded. SpaceX stayed private for 24 years. What changed and why does it matter? The standard story is that companies avoid an IPO because public markets c...

6 Elo 48min

A Conservative's Attack On Neoliberalism - Ft. Chris Griswold

A Conservative's Attack On Neoliberalism - Ft. Chris Griswold

The Republican Party is often associated with free-market fundamentalism, deregulation, and tax cuts. But a new faction on the right is challenging that consensus. In this episode, Bethany and Luigi s...

30 Heinä 46min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
vallattomat
mimmit-sijoittaa
rss-oivalluksia-rahasta-elamasta
rss-rahapodi
psykopodiaa-podcast
ostan-asuntoja-podcast
rss-rahamania
rss-startup-ministerio
oppimisen-psykologia
rss-hereilla
rss-paasipodi
rss-karon-grilli
inderespodi
rss-kaupan-tila
rss-inderes
rahapuhetta
asuntoasiaa-paivakirjat
rss-elama-jota-rakastat
rss-kaikki-somesta