Economist Dean Baker, of the Center for Economic and Policy Research, recently gave a talk which focused on solving economic inequality. He pointed to five key areas of the economy that keep the rich rich and keep the rest of us in our places:
- Intellectual property rights;
- Practice protection by highly paid professionals;
- Financial regulation; and
- Cooperate governance.
Given this list, can a state legislator like me make a dent in economic inequality? I think so.
I ran on a platform that focused on economic reform and public banking; equality and paycheck fairness; and attacking the opioid crisis.
How does my platform dovetail with Dean Baker’s list? There is quite a bit of overlap—particularly in macroeconomics, intellectual property rights, and practice protection.