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Former U.S. Sen. Phil Gramm explains ‘The Myth of American Inequality’

Former U.S. Sen. Phil Gramm discusses his book, “The Myth of American Inequality: How Government Biases Policy Debate.” Gramm and co-authors Robert Ekelund and John Early argue that the official Census measure of household income skews policy debates. That measure excludes all noncash income, leaving out two-thirds of government transfer payments.

Mitch Kokai

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