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David S. Saurman Provocative Lecture Series
Start Date: 10/9/2017Start Time: 5:15 PM
End Date: 10/9/2017End Time: 6:45 PM

Event Description:
Professor Steven Horwitz discusses, "Inequality, Mobility, and Being Poor in America."

The conventional narrative that the last generation has seen the rich get richer and the poor get poorer while the middle class gets hollowed out has serious flaws. In this talk, I look at the data on income mobility, the absolute incomes of the poor, the ability of both poor and rich to purchase various consumption items, as well as the movement of the middle class upward to higher wealth. I argue that the data strongly suggest that life for the average American has never been better and that the opportunity for those who start out poor to move up the income ladder is still strong. I conclude with a brief discussion of the role of health care, housing, and education in this argument.

Steven Horwitz is the John H. Schnatter Distinguished Professor of Free Enterprise in the Department of Economics in the Miller College of Business at Ball State University in Muncie, IN. He is also an Affiliated Senior Scholar at the Mercatus Center in Arlington, VA, and a Senior Fellow at the Fraser Institute of Canada. He is the author of three books, including most recently Hayek's Modern Family: Classical Liberalism and the Evolution of Social Institutions. He has written extensively on Hayek and Austrian economics, monetary theory and history, and American economic history, and is a frequent guest on radio and cable TV programs.
Location Information:
SJSU Main Campus - Student Union
Room: Student Union Theater
Contact Information:
Name: John Estill
Phone: 408 639-8853
Email: john.estill@sjsu.edu
Photo of Steven Horwitz
Additional Information
Free and open to the public.
Event Type
  • Lectures

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