Becker Friedman Institute
for Research in Economics
The University of Chicago

Research. Insights. Impact. Advancing the Legacy of Chicago Economics.

Understanding Inequality and What to Do About It

A panel featuring Thomas Piketty, Kevin Murphy, and Steven Durlauf

November 6, 2015

12:00pm 1:30pm

Max Palevsky Cinema, Ida Noyes Hall
Speakers

This event brought together a panel of three leading economists—Thomas Piketty, Kevin Murphy, and Steven Durlauf—to discuss the sources of the rise in inequality in advanced industrialized countries over the past 40 years, the problems it poses, and effective responses. Nobel laureate James Heckman moderated the panel and guided the discussion.

This event was cosponsored by the Becker Friedman Institute, the Harris School of Public Policy, the Human Capital and Economic Opportunity Global Working Group, and the Center for the Economics of Human Development.

Recommended Readings

Blume, L., and S. Durlauf. (2015). "Capital in the Twenty-First Century: A Review Essay." Journal of Political Economy, 123: 749-777.

Durlauf, S. (2006). "Groups, Social Influences, and Inequality." Poverty Traps (pp. 142-175). Princeton., NJ: Princeton University Press.

Heckman, J. (2008). "Schools, Skills, and Synapses." Economic Inquiry, 46: 289-324.

Murphy, K., and R. Topel. "Human Capital Investment, Inequality, and Economic Growth." Revised March 2015.

Thomas Piketty's research

Discussant(s): 
November 6, 2015 - 12:00pm 1:30pm