In The Myth of American Inequality: How Government Biases Policy Debate, which the Wall Street Journal named a best book of 2022, former United States Senator Phil Gramm, Robert Ekelund, and John Early challenge popular notions about income inequality and its effect on Americans.
The Myth of American Inequality shows “that the way we collect and report statistics has significantly overstated inequality and understated national well-being” and “that the explosion of transfer payments following the War on Poverty has caused a significant number of prime work-age persons to become detached from the economy. That disengagement from the world of work has denied them the opportunity to benefit from the extraordinary economic progress that has occurred in the last 50 years and is the largest single cause of income inequality in postwar America” (167–68).
At Hudson, Senator Gramm and Hudson President and CEO John P. Walters will discuss how economic statistics suggest cohesion rather than divergence among Americans, and why this cohesion is likely to continue.
Please join Ambassador Greer for a fireside chat with Senior Fellow Peter Rough on the Trump administration’s first year back in office and what’s next for US trade policy.
Experts and policymakers will discuss how to close regulatory gaps, improve compliance, and build more resilient and trusted infrastructure.
Join Nina Shea in a discussion with Ethan Gutmann and Congressman Chris Smith, the author of the Stop Forced Organ Harvesting bill.
Please join Acting Chairman of the Council of Economic Advisers Pierre Yared for a conversation with Senior Fellow Tom Duesterberg on the first year of the Trump administration’s economic agenda and the key factors shaping the US economy’s outlook.
