Bake Your Own Pie: The Inequality of Value Creation
Short video featuring Yaron Brook
Does everyone deserve an equal slice of the pie? For decades, economists and politicians have argued over the inequality of wealth in the United States. Some think that wealth should be redistributed; others claim that income equality is simply pie in the sky. For "Pi Day," Yaron Brook, chairman of the board of the Ayn Rand Institute, argues that the pie analogy of wealth is a half-baked idea. Instead, he argues, we merit our just deserts by the work we choose to do.
Watch the full debate between Yaron Brook and Daniel Markovitz, Guido Calabresi Professor of Law at Yale Law School. Income Inequality: Is It Fair or Unfair?
Learn more about Dr. Brook's ideas by listening to the Yaron Brook Show:
http://www.yaronbrookshow.con
Follow Yaron Brook on Twitter: @yaronbrook
https://twitter.com/yaronbrook
As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.
Chairman of the Board, The Ayn Rand Institute
Yaron Brook is chairman of the board of the Ayn Rand Institute. He wears many hats at the institute and travels extensively as ARI’s spokesman.
Brook can be heard weekly on The Yaron Brook Show, which airs live on the BlogTalkRadio podcast. He is also a frequent guest on national radio and television programs.
An internationally sought-after speaker and debater, Brook also pens works that make one think. As coauthor, with Don Watkins, of the national best-seller Free Market Revolution: How Ayn Rand's Ideas Can End Big Government, Brook and Watkins argue that the answer to our current economic woes lies not in "trickle-down government" but in Rand's inspiring philosophy of capitalism and self-interest. Last year, Brook and Watkins released a new book, Equal Is Unfair: America's Misguided Fight Against Income Inequality, a book that shows the real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success―not pull down the high fliers in the name of equality. Brook is also contributing author to Neoconservatism: An Obituary for an Idea, Winning the Unwinnable War: America’s Self-Crippled Response to Islamic Totalitarianism and Big Tent: The Story of the Conservative Revolution — As Told by the Thinkers and Doers Who Made It Happen. He was a columnist at Forbes.com, and his articles have been featured in the Wall Street Journal, USA Today, Investor’s Business Daily and many other publications.
Brook was born and raised in Israel. He served as a first sergeant in Israeli military intelligence and earned a BSc in civil engineering from Technion-Israel Institute of Technology in Haifa, Israel. In 1987 he moved to the United States where he received his MBA and PhD in finance from the University of Texas at Austin; he became an American citizen in 2003. For seven years he was an award-winning finance professor at Santa Clara University, and in 1998 he cofounded BH Equity Research, a private equity and hedge fund manager, of which he is managing founder and director.
Brook serves on the boards of the Ayn Rand Institute, the Clemson Institute for the Study of Capitalism and CEHE (Center for Excellence in Higher Education), and he is a member of the Association of Private Enterprise Education and the Mont Pelerin Society.