Watch the Event
Please join George Selgin, director of the Cato Institute’s Center for Monetary and Financial Alternatives, on March 4 as he interviews Karen Petrou about her new book, Engine of Inequality: The Fed and the Future of Wealth in America.
Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality‐enhancing financial regulation as quickly and painlessly as possible.