ON-Lion Letter

Inequality & Economic Policy:  Essays in Memory of Gary Becker, new from Hoover Institution Press, draws from a Hoover Institution conference last year on inequality in honor of late Bradley Prize recipient Gary S. Becker.  The contributing authors explore various measures of inequality in America and address the issue of why it is increasing.  In looking at these questions and examining their policy implications, they draw on research about human capital and intergenerational mobility.

Becker was a professor of economics and sociology at The University of Chicago and the Marie and Jack R. Anderson Senior Fellow at the Hoover Institution, projects of which are supported by The Lynde and Harry Bradley Foundation in Milwaukee.

The essays in Becker's honor attempt to answer key policy questions of what to do about inequality, with particular attention paid to those at the bottom of the income distribution and the overall effects on economic growth.  Among them:  Does the United States really have an inequality problem?  Or should policymakers focus instead on America's growth problem?  What do we know empirically about the results of previous attempts to reduce inequality?  Would government policies that reduce inequality boost growth or hinder it?

Clear answers to these questions are crucial if we are to make sense of the current debate about inequality.

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