Monday, November 1, 2010

Cato Institute's Reynolds to Discuss Income Inequality

It was recently reported that Wall Street executive bonuses are on the rise once again. Is this more of the same, that the rich get richer – and what about the rest of us? What’s the real story behind the data showing increasing income and wealth inequality in America? Is the data real, or is there another explanation for what we read in the press?

Alan Reynolds, a senior fellow at the Cato Institute, will address these issues in a lecture titled: “Increasing Income Inequality: Reality or Policy Persuasion?” It will be held Wed., Nov. 3, at 4 pm at Annenberg Forum (First Floor of Carswell Hall).

Reynolds was formerly director of economic research at the Hudson Institute. He served as research director with National Commission on Tax Reform and Economic Growth, an advisor to the National Commission on the Cost of Higher Education, and as a member of the OMB transition team in 1981. His studies have been published by the Organization for Economic Cooperation and Development, the Joint Economic Committee, the Federal Reserve Banks of Atlanta and St. Louis, and the Australian Stock Exchange.

Author of Income and Wealth (Greenwood Press 2006), he has written for numerous publications since 1971 including The Wall Street Journal, The New York Times, National Review, The New Republic, Fortune and The Harvard Business Review. A former columnist with Forbes and Reason, his weekly column is now nationally syndicated.

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