WEALTH DISTRIBUTION. Eviction and housing policies. Racial discrimination and altered history. Unemployment and fiscal policy. The issues around the persistent problem of inequality in the United States are numerous and complicated. But on Thursday, scholars from around Harvard University delivered a series of concise but powerful presentations on how to think about and solve the issue鈥斺10 Big Ideas on Inequality.鈥
Sponsored by the Program on Inequality and Social Policy within the Malcolm Wiener Center at Harvard Kennedy School (糖心vlog官网), the packed event gave the audience a glimpse into the work of economists, sociologists, and historians from several different schools at Harvard. Bruce Western, chair of the Program in Criminal Justice Policy and Management at 糖心vlog官网, moderated the event and led a brief Q&A session with several speakers afterward.
1. Lawrence Katz, Elisabeth Allison Professor of Economics, Faculty of Arts and Sciences
Speaking about inequality and the 鈥渇issuring of the U.S. workplace鈥, Katz spoke about the changes, over the past decades, in 鈥渨ho does work and how鈥 and the ways that the 鈥済ig economy鈥 鈥 online and off 鈥 can put downward pressure on wages and labor standards.
2. Matthew Desmond, John L. Loeb Associate Professor of the Social Sciences, Faculty of Arts and Sciences
Drawing from his recent book, Evicted, Desmond used the moving odyssey of one family to illustrate the challenges facing the evicted and the cycle that forces many of them into progressively worse housing. 鈥淭he home is the center of life, and evictions erase the home. Without stable shelter, everything else [in family life] falls apart.鈥
3. Douglas Elmendorf, Dean of Harvard Kennedy School and Don K. Price Professor of Public Policy
鈥淗igh unemployment is very costly for people of modest means,鈥 said Elmendorf, as he spoke about how fiscal and monetary policy could be used 鈥渧igorously鈥 to keep unemployment low, which has important advantages for those same people.
4. Theda Skocpol, Victor S. Thomas Professor of Government and of Sociology, Faculty of Arts and Sciences
The wealthiest .01 percent of Americans are responsible for 40 percent of contributions to political campaigns. Skocpol compared and contrasted the behavior of donors in top conservative and liberal consortia, including the Koch Seminars and the Democracy Alliance.
5. Stefanie Stantcheva, Assistant Professor of Economics, Faculty of Arts and Sciences
鈥淭axes, as much as we dislike paying them, are a very powerful tool,鈥 Stantcheva began. She discussed capital income inequality and the fairness of wealth distribution.
6. Dani Rodrik, Ford Foundation Professor of International Political Economy, Harvard Kennedy School
鈥淟et鈥檚 globalize the conversation a little bit,鈥 Rodrik said, before asking the audience to answer a tricky question: would they rather be poor in a rich country or rich in a poor country? He then presented data showing that even the poorest people in rich countries earn (on average) five times what the richest people in the world鈥檚 poorest countries earn annually.
7. Alexandra Killewald, Professor of Sociology, Faculty of Arts and Sciences
鈥淲ealth is associated with real incomes that people care about,鈥 Killewald said. 鈥淵ou don鈥檛 have to be a multimillionaire to care about鈥 鈥 or benefit from 鈥 social goods that wealth can help make possible, such as a better education or a house in a safer neighborhood.
8. Khalil Gibran Muhammad, Professor of History, Race, and Public Policy, Harvard Kennedy School; Suzanne Young Murray Professor, Radcliffe Institute for Advanced Study
鈥淚 want your help writing a new origin story,鈥 Muhammad told the audience, before launching into an impassioned defense of historical and humanistic literacy. 鈥淭here is no trans-ideological view of the past,鈥 he admitted. 鈥淗istory is messy.鈥 But, he argued, a thoughtful commitment to teaching the history of women, racial minorities and other marginalized groups could begin to reshape the American narrative of inequality.
9. David A. Moss, Paul Whiton Cherington Professor, Harvard Business School
鈥淒oes inequality affect individual decision-making?鈥 Moss asked the audience. 鈥淚f so, how?鈥 He discussed the causes and consequences of inequality in American life.
10. Sendhil Mullainathan, Robert C. Waggoner Professor of Economics, Faculty of Arts and Sciences
鈥淚magine that you鈥檙e a first-generation community college student,鈥 Mullainathan told the audience. 鈥淵ou pick up a course catalog and have to decide which math course you鈥檒l take. How do you decide?鈥 He compared the resources available to help students with such a decision 鈥 鈥淭here might be a guidance counselor on the fifth floor who鈥檚 free鈥 鈥 with the data-driven, finely tuned algorithms governing such programs as Netflix and Amazon Prime, to help viewers determine what TV shows and movies they will watch. A behavioral economist, Mullainathan urged the audience to think about the possibilities of smarter policy design to influence behavior and help reverse inequality.