Income Equality Will Be Topic Of Current Events Economics Seminar

provided to Santiva Chronicle

Instead of trying to peer into the future, the 6th annual Current Events Economics Seminar will focus on income equality and measures to deal with it. The discussion with guest speaker Eric Zwich will be at 10 a.m. Friday, Jan. 24, in the Founders Room of the Sanibel Community House, 2173 Periwinkle Way.

Zwich, who grew up on Captiva Island, is an associate professor of finance at the University of Chicago Booth School of Business. He has a PhD in business economics from Harvard University and a bachelor’s degree in economics and mathematics from Swarthmore College. He has won numerous awards, including Chicago Booths Leo Melamed prize for outstanding research in finance, and the Martin award for excellence in business economics from Harvard University. In 2019, he provided testimony to the Joint Economic Committee of Congress on inequality in the United States.

His recent research has focused on inequality – more specifically on understanding the nature of top income inequality and what has driven its recent rise. He looks explicitly at the impact of pass-through businesses and how they are taxed, have contributed to the rise in inequality and at how important human capital is at the top end of the country’s income distribution.

Zwich’s perspective is that the potential list of solutions is long and diverse and includes those that target the top, as well as the bottom part of the income pyramid. He will discuss his perspective on the scope of inequality in the U.S., it’s primary drivers and possible policy actions that might help to address this important issue.

A donation of $10 at the door is suggested for the one-hour session.

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