Economic Inequality and the Hourglass Economy:
The Decline of the Middle Class—The End of the American Dream?

 
 

Participants

 
  Presenters
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  Facilitators
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  Attendees
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  Presenters  
     
  William Darity Jr.  
  William Darity Jr. is an Arts and Sciences Professor of Public Policy Studies, African and African American Studies, and Economics and Director of the Research Network on Racial and Ethnic Inequality, Duke University.  He earned his B.A. at Brown University and a Ph.D.  from the Massachusetts Institute of Technology.

Dr. Darity’s main fields of study include
 
  stratification economics, inequality by race, class and ethnicity, North-South theories of development and trade, social psychology and unemployment exposure, reparations, schooling and the racial achievement gap, and financial crises in developing countries.

He has printed a variety of books and articles, and his most recent works include: Economics, Economists, and Expectations: Microfoundations to Macroapplications (co-authored with Warren Young and Robert Leeson, 2004), and Boundaries of Clan and Color: Transnational Comparisons of Inter-Group Disparity (co-edited with Ashwini Deshpande, 2003).

Dr. Darity currently serves as Editor in Chief for the 2008 edition of International Encyclopedia of the Social Sciences, printed by Macmillan Reference. He has been a fellow at the National Humanities Center from 1989-90, and a visiting scholar at the Federal Reserve’s Board of Governors in 1984. Dr. Darity has also acted as President of the National Economic Association and of the Southern Economic Association, and has taught at Grinnell College, the University of Maryland at College Park, the University of Texas at Austin, Simmons College, and Claremont-McKenna College.
 
     
     
  Rachel E. Dwyer  
  Rachel E. Dwyer is an Assistant Professor of Sociology at The Ohio State University. She earned her B.A., M.S., and a Ph. D. from University of Wisconsin-Madison.

Dr. Dwyer’s main areas of research include economic sociology, social inequality, urban sociology, contemporary patterns of suburban development, the relationship between
 
  residential segregation and metropolitan growth, the spatial segregation of the affluent, work and occupations, and the quality and determinants of employment growth.

Her most recent publications include: “Expanding Homes and Increasing Inequalities: U.S. Housing Development and the Residential Segregation of the Affluent” (2007), “Redlining” (in The Blackwell Encyclopedia of Sociology, 2006), “Downward Earnings Mobility after Voluntary Employer Exits” (2004), and “The Pattern of Job Expansions in the United States: A Comparison of the 1960s and 1990s” (co-written with Erik Olin Wright, 2003).

Dr. Dwyer has served as a Reviewer for the American Journal of Sociology, American Sociological Review, Social Problems, Social Forces, Work and Occupations, and for the National Science Foundation. She has also been a member of the 2005 Viviana Zelizer Award Committee for the Economic Sociology Section of the American Sociological Association, and has worked as a co-organizer for the session on “Historical Patterns in American Suburbanization” for the 2004 Annual Meeting of the Social Science History Association.
 
     
     
  James K. Galbraith  
  James K. Galbraith is the Lloyd M. Bentsen Jr. Chair in Government/Business Relations, and is also a Joint Professor with Lloyd M. Bentsen Jr. School of Public Affairs at the University of Texas at Austin. He earned his A.B. degree from Harvard and his M.A., M.Phil., and Ph.D. degrees from Yale.  
  Dr. Galbraith’s interests include economic inequality, economic policy analysis, comparative economic policy, history of economic thought, and modern political history.

His recent publications include: Inequality and Industrial Change: A Global View (co-edited with Maureen Berner, 2001), Created Unequal: The Crisis in American Pay (1998), The Economic Problem (with the late Robert Heilbroner, 1990), Balancing Acts: Technology, Finance and the American Future (1989), and Macroeconomics (with William Darity, 2006).

Dr. Galbraith is the Director of the University of Texas Inequality Project. He also serves as a Senior Scholar for the Levy Economics Institute, and as chair of Economists Allied for Arms Reduction (ECAAR). He has served in several positions on the staff of the U.S. Congress, including Executive Director of the Joint Economic Committee, and was also a guest scholar at the Brookings Institution in 1985, and Chief Technical Adviser to the State Planning Commission, P.R. China, on a Macroeconomic reform project from 1994 to 1997.
 
     
     
  Benjamin Friedman  
  Benjamin Friedman is the William Joseph Maier Professor of Political Economy at Harvard University. He received his A.B., A.M., and Ph.D. degrees from Harvard University, and his M.Sc. degree from King’s College, Cambridge, U.K.

Dr. Friedman’s work has focused on the effects of government deficits and surpluses on interest rates, exchange rates, and business
 
  investments, appropriate guidelines for the conduct of U.S. monetary policy, and appropriate policy actions in response to crises in a country’s banking or financial system.

He is the author of several books and a multitude of articles, and most notably for The Moral Consequences of Economic Growth (2005), and Day of Reckoning: The Consequences of American Economic Policy Under Reagan and After (1988), the latter of which received the George S. Eccles Prize for excellence in economic literature from Columbia University.
 
Dr. Friedman received the 2005-2006 John R. Commons Award, in recognition of his achievements in economics and service to the economics profession. He also serves as a director and member of the editorial board of the Encyclopedia Britannica, a director of the Private Export Funding Corporation, a trustee of the Standish Mellon Investment Trust, a director of the National Council on Economic Education, an adviser to the Federal Reserve Bank of New York, a member of the Brookings Panel on Economic Activity, and a member of the Council on Foreign Relations.
 
     
     
  Ruth Milkman  
  Ruth Milkman is a Professor of Sociology at the University of California, Los Angeles, and also serves as Director of the Institute for Research on Labor and Employment. She achieved a B.A. from Brown University, and both an M.A. and a Ph.D. from University of California, Berkeley. Dr. Milkman’s research interests are concentrated on the sociology of work, labor history,  
  contemporary unionism, and the sociology of gender.

She has published numerous books and articles, including: L.A. Story: Immigrant Workers and the Future of the U.S. Labor Movement (2006), Rebuilding Labor: Organizing and Organizers in the New Union Movement (co-edited with Kim Voss, 2004), Organizing Immigrants: The Challenge for Unions in Contemporary California (2000), Farewell to the Factory: Automobile Workers in the Late 20th Century (1997), and Gender at Work: The Dynamics of Job Segregation by Sex During World War II (1987).

Dr. Milkman’s book, Gender at Work: The Dynamics of Job Segregation by Sex during World War II (1987), won the 1987 Joan Kelly Memorial Prize in Women's History from the American Historical Association (AHA). Dr. Milkman has also served on the editorial board for a number of scholarly journals, including Feminist Studies, Politics and Society, the American Journal of Sociology, Gender and Society, International Labor and Working-Class History, Contemporary Sociology, the British Journal of Industrial Relations, Industrial Relations, and Work and Occupations.
 
     
     
  Lawrence Mishel  
  Lawrence Mishel is the President of Economic Policy Institute. He earned a B.S. from Pennsylvania State University, an M.A. from American University, and a Ph.D. from University of Wisconsin.

Dr. Mishel’s areas of expertise focus on income distribution and poverty, labor markets, industrial relations, technology and productivity,
 
  education, wages, and Unions and collective bargaining.

He is the primary author of “The State of Working America,” a major research volume that is published every even-numbered year since 1988, providing a comprehensive overview of the U.S. labor market and living standards. Dr. Mishel has also written a host of books and articles, including: Talking Past Each Other (2006), Rethinking High School Graduation Rates and Trends (2006), The Charter School Dust-Up: Examining the Evidence on Enrollment and Achievement (2005), The Class Size Debate (2002), and The Prosperity Gap (1997).

Dr. Mishel is a nationally recognized economist, and is frequently called on to provide economic briefings to members of Congress. He also provides expert commentary on the economy in print and broadcast media, and has recently written a paper, outlining a plan to stimulate the economy, which was widely adopted by policy makers in Washington and beyond.
 
     
     
  Benjamin I. Page  
  Benjamin I. Page is the Gordon S. Fulcher Professor of Decision Making, and is a Faculty Associate for the Institute for Policy Research at Northwestern University. He holds a Ph.D. from Stanford University and a JD from Harvard Law School.

Dr. Page’s interests include public opinion and
 
  policy making, the mass media, empirical democratic theory, political economy, policy formation, the presidency, and American foreign policy.
He has authored a number of articles, including "Effects of Public Opinion on Policy" and "What Moves Public Opinion," both in the American Political Science Review, and has written seven books, including The Rational Public: Fifty Years of Trends in Americans' Policy Preferences (with Robert Shapiro, University of Chicago Press, 1992), Who Deliberates? Mass Media in Modern Democracy (University of Chicago Press, 1996), and What Government Can Do: Dealing with Poverty and Inequality (with James Simmons, University of Chicago Press, 2000).
 
     
     
  Saskia Sassen  
  Saskia Sassen is the Robert S. Lynd Professor of Sociology at Columbia University, and is a participant of the Committee on Global Thought. She is also a Centennial Visiting Professor at the London School of Economics. She earned her M.A. and then a joint Ph.D. in sociology and economics, from the University of Notre Dame.  
  Her areas of interest include globalization (including social, economic and political dimensions), immigration, global cities (including cities and terrorism), the new networked technologies, and changes within the liberal state that result from current transnational conditions.

Her major publications include: Territory, Authority, Rights: From Medieval to Global Assemblages (2006), The Global City (1991), and The Mobility of Labor and Capital (1988).

Dr. Sassen is noted for having coined the term “global city.” She is also a member of the Council on Foreign Relations, and a member of the National Academy of Sciences Panel on Cities. She has received a variety of awards and prizes, most recently, a Doctor honoris causa from Delft University (Netherlands), the first Distinguished Graduate School Alumnus Award of the University of Notre Dame, and was one of the four winners of the first University of Chicago Future Mentor Award covering all doctoral programs. She has also served as the Ralph Lewis Professor of Sociology at the University of Chicago.
 
     
     
  Roger Waldinger  
  Roger Waldinger is a Distinguished Professor within the Sociology Department at University of California, Los Angeles. He earned a B.A. at Brown University and a Ph.D. at Harvard University.

His research centers on international migration, race, and ethnicity. He is also involved in two
 
  ongoing research projects. The first focuses on the trajectory of the contemporary second generation of immigrant offspring, in light of the experience of the past; the second, on the political sociology of international migration, seeking to show how the inherently political nature of international migration shapes migrant action as well as host society responses.

Dr. Waldinger has written a plethora of books and articles including: Strangers at the Gates: New Immigrants in Urban America (2001), Still the Promised City? New Immigrants and African-Americans in Post-Industrial New York (1996), Ethnic Los Angeles (1996), Through the Eye of the Needle: Immigrants and Enterprise in New York’s Garment Trades (1986), and Ethnic Entrepreneurs: Immigrant Business in Industrial Society (1990).

He is also a co-organizer of the “Migration Study Group,” a year-long speaker series featuring interdisciplinary talks on international migration. He served as Chair of the Department of Sociology from 1999-2004, directed the Lewis Center for Regional Policy Studies at UCLA School of Public Affairs from 1995-1998, and has received several distinguished awards for his publications.
 
     
     

   Dr. John Koval
  Egan Urban Center, DePaul University
  990 W. Fullerton Ave., Suite 3100
  Chicago, IL 60614
 
  Phone: (773) 325-4434
  Fax     : (773) 325-4923
  E-mail:  jkoval@depaul.edu
 
 

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