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Proposals for Protecting the Free-Enterprise System while Closing the Wealth Gap | Global Conference

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Milken Institute

The United States has the world’s highest gross domestic product, one of the world’s highest GPDs per capita, and the third highest average wealth per capita. We also struggle with persistent challenges, including a median wealth per capita that lags several other large nations. A simple question follows: How can the United States address wealth inequality—which often compounds across generations and limits opportunities for economic mobility—while not impairing the greatest economic engine ever created, namely the freeenterprise system? This session will explore a number of bold ideas designed to answer that question: through immigration policy, sovereign investments, innovations among large employers, and marketbased strategies to bring greater returns on our core investments in human and social capital.

Moderator
Michael Milken
Chairman, Milken Institute

Speakers
John Hope Bryant
Chairman and CEO, Operation HOPE, Inc.

Brad Gerstner
Founder, Invest America

Teresa Ghilarducci
Irene and Bernard L Schwartz Professor of Economics and Policy Analysis, The New School

Steven T. Mnuchin
Founder and Managing Partner, Liberty Capital

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