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.
Former U.S. Sen. Phil Gramm explains ‘The Myth of American Inequality’
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Government numbers skew debate over American inequality
Americans can have a better debate about inequality with a clearer grasp of the facts.
Friday Interview: Focus on Growth, Not Inequality
RALEIGH — Left of-center pundits and politicians have spent a lot of time recently bemoaning growing income inequality in the United States. James Piereson, president of the William E. Simon Foundation and senior fellow at the Manhattan Institute, says the focus on inequality diverts attention from more important problems. Piereson explored that theme during a 2014 Hayek Lecture at Duke University. He also discussed inequality with Mitch Kokai for Carolina Journal Radio.
Got to Pick a Pocket?
To take money out of someone else’s pocket and put it in your own creates no value. You benefit at the direct expense of your victim.
Economic Growth Requires Sound Tax Reform Policy
Roy Cordato on principles of tax reform; Mark McNeilly on rebranding the GOP; legislators debate requiring drug tests for welfare benefits; David Hartgen on state of our highways; Barry Smith on possible changes to N.C. election law