Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution and the Laurence A. Tisch Professor of Law at New York University Law School, discussed economic inequality with PBS news correspondent Paul Solmen in Making Sense. In Epstein’s view, inequality in a free market system may be an incentive for people to create wealth. “If in fact it turns out that inequality creates an incentive for people to produce and create wealth, it’s a wonderful force for innovation,” Epstein states.
Hoover senior fellow Edward P. Lazear confirmed as chairman of President's Council of Economic Advisers
Edward P. Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution, has been nominated as chairman of the President's Council of Economic Advisers. The nomination was announced today, Monday, January 30, by President George W. Bush.
The Hoover Institution Fall Retreat, October 24-26, 2004, again captured the times with speakers addressing current public policy and events that affect our lives.