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 free-enterprise 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 market-based 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