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In the Latest Milken Institute Review: President Obama–s Chief Economic Adviser Challenges Thomas Piketty–s Pessimism, Arguing That Rising Inequality Could Be Reversed Without Sacrificing Productivity or Growth

LOS ANGELES, CA — (Marketwired) — 10/17/14 — Jason Furman, chairman of President Obama–s Council of Economic Advisers documents the alarming stagnation of middle-class incomes, but contends that the growing fissure between the rich and everyone else need not be accepted as the price of the free market system. "Modern economics has long been in the thrall of the view that virtually any interference with free market incentives with the goal of a more progressive distribution of income wo

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