Past

David Gordon Memorial Lecture

  • 5:30 pm EST
  • 780 Mission St San Francisco, CA 94103 - Marriott Marquis, Yerba Buena Salons 5 & 6

Hosted By:
Union for Radical Political Economics, as part of American Economic Association Annual Meeting

David Gordon Memorial Lecture

Hosts:
Union for Radical Political Economics, as part of American Economic Association Annual Meeting (registration is required)

Presenting the David Gordon Memorial Lecture, CEPR’s Dean Baker will present Rising Inequality: Are Rents the Problem? based on a CEPR Working Paper.

This paper argues that most of the increase in inequality since 1980 can be attributed to the growth of rents in four areas: excessive CEO pay, a bloated financial sector, the expansion of patent and copyright protection, and protectionist policies to benefit highly paid professionals. The paper produces a range of estimates of amount of additional income going to high-income households from each source. It also outlines alternative policies and institutional structures that can reduce the rents in these areas back to their pre-1980 levels measured as a share of GDP.

Presiding: Fred Moseley (Mount Holyoke College)
Discussants: Heather Boushey (Washington Center for Equitable Growth)

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