In a time of high unemployment and increasing national deficits, some argue that the wealthiest Americans are not paying their fair share. From President Obama’s first budget message in 2009 to the Occupy Wall Street movement, there have been strong calls to ask more from the 1 percent to level the playing field for the 99 percent. But where do these numbers come from? This forum will take a critical look at inequality research, including the papers offered by economists Thomas Piketty and Emmanuel Saez over the last decade, and at solutions such as more progressive taxation and other measures offered to reduce inequality. Join us as our panelists examine the research behind these debates and discuss the real nature of income inequality in the United States.
Featuring Rep. Scott Garrett (R-NJ), Chairman of the Congressional Constitution Caucus; Neal McCluskey, Associate Director, Center for Educational Freedom, Cato Institute; and Lindsey Burke, Will Skillman Fellow in Education, Heritage Foundation; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Featured PublicationWe are grateful to the Harry and Lynde Bradley Foundation and the Carthage Foundation whose support of the October 2012 Cato Conference “Europe’s Crisis and the Welfare State: Lessons for the United States” made possible this special issue of the Cato Journal.
Featured BookRenowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress.
More Bang for Your Buck
The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.