The Debt Dialogues is a weekly podcast that aims to educate young people about the welfare state and how it will affect their future. In this episode, I interview Steven Horwitz, Charles A. Dana Professor of Economics and department chair at St. Lawrence University, on his new paper “Inequality, Mobility, and Being Poor in America.” Topics covered include:

  • The crucial distinction between standard of living and distribution of income
  • The exciting truth about mobility in America
  • Why the disappearing middle class is a good thing
  • The importance of looking at consumption rather than income when assessing standard of living

Other Resources:

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