Summary: On Wednesday, February 8, 2023, Phil Gramm, former U.S. Senator from Texas, was on campus to be interviewed about his recently published book, The Myth of American Inequality: How Government Biases Policy Debate. This book is coauthored with Robert Ekelund and John Early, and published by Rowman & Littlefield.
The authors explain that what we commonly accept as fact - U.S. Census Bureau data that purports to measure income inequality - paints an inaccurate picture, because it fails to account for in-kind benefits including local, state, and federal government transfer payments, and it fails to account for taxation.
Attendees of the event included Texas A&M students from the Bush School, political science, and economics, as well as members from the community. The event was sponsored by the Private Enterprise Research Center, the Department of Political Science at Texas A&M, and the podcast group 451 NOW. TAMU political science major Ben Crockett was the master of ceremonies and interviewed Senator Gramm.
A former economics professor at Texas A&M University, Dr. Gramm went on to have a political career that spanned three decades, serving as a member of the U.S. House of Representatives from Texas's 6th District and then as U.S. Senator from Texas.
The authors explain that what we commonly accept as fact - U.S. Census Bureau data that purports to measure income inequality - paints an inaccurate picture, because it fails to account for in-kind benefits including local, state, and federal government transfer payments, and it fails to account for taxation.
Attendees of the event included Texas A&M students from the Bush School, political science, and economics, as well as members from the community. The event was sponsored by the Private Enterprise Research Center, the Department of Political Science at Texas A&M, and the podcast group 451 NOW. TAMU political science major Ben Crockett was the master of ceremonies and interviewed Senator Gramm.
A former economics professor at Texas A&M University, Dr. Gramm went on to have a political career that spanned three decades, serving as a member of the U.S. House of Representatives from Texas's 6th District and then as U.S. Senator from Texas.
