5/4/12
SLU's Friends Of Libraries Presents Lecture By Econ Prof Horwitz
CANTON - The Friends of Owen D. Young and Launders Libraries' Commencement lecture, titled "Is Inequality on the Rise and Are the Poor Getting Poorer?," will be given by St. Lawrence University Dana Professor of Economics Steven G. Horwitz on Saturday, May 19, at 1:30 p.m. in Room 10 of Carnegie. The event is open to the public, free of charge.
in the talk, Horwitz will address the common complaint that, in the current U.S. economy, income inequality is on the rise and particularly that the poor are becoming poorer. He will offer, he says, "a skeptical take on both claims, providing an interpretation of the inequality data that suggests things are not what they appear to be, and offering evidence that poor Americans are not only better off than poor Americans were a generation ago, they are also better off than middle-class Americans were."
Named Dana Professor in 2007, Horwitz is a graduate of the University of Michigan, with a master's degree and Ph.D. from George Mason University. A specialist in monetary theory and history, macroeconomics and political economy, he is the author of the 1992 book Monetary Evolution, Free Banking, and Economic Order and the 2000 book Microfoundations and Macroeconomics: An Austrian Perspective. Horwitz, a faculty member since 1989, delivered the 1999 Frank P. Piskor Faculty Lecture, and has published extensively on economics and public policy in scholarly journals. He also has had a number of opinion pieces and essays published in newspapers and on blogs and was a regular guest on the Fox Business Network program "Freedom Watch." In 2011, Horwitz was awarded the Hayek Prize by the Fund for the Study of Spontaneous Orders at the Atlas Economic Research Foundation for "scholarship that applies the paradigm of methodological individualism that is at the heart of the perspective of Austrian economics to areas of inquiry outside of traditional economic inquiry."
