Forbes to speak at Anderson School

Steve Forbes, editor in chief of Forbes magazine, will speak at
the Anderson School at UCLA on Tuesday about business, the economy
and financial markets as related to world events.

Forbes will be speaking as part of the Anderson School’s
distinguished speaker series, and his talk is set to take place as
an end to the Iraqi war is in sight and uncertain economic times
lie ahead.

Forbes, a multimillionaire, inherited the family company from
his father, Malcolm, and assumed the roles of president and chief
executive of the company in 1990.

In addition to his position as editor in chief, Forbes writes
editorials for Forbes magazine, which has a circulation of 900,000
““ the largest of any U.S. business magazine.

Forbes expanded his corporation in 1997 with the launching of
Forbes.com, followed by the creation of Forbes Global, Forbes
magazine’s international counterpart, in 1998.

Campaigning for the Republican presidential nomination in both
1996 and 2000, Forbes advocated a strong national defense and a
controversial tax plan.

Under the tax plan Forbes proposed, the government would
implement a 17 percent flat tax rate, with low-income families of
four or more paying no income tax. Critics of the plan and some
analysts said the fall in revenue that would result from lowered
profit taxes and income taxes on the wealthy would drain the
Treasury.

Among other ideas, Forbes detailed his flat tax plan in the book
he authored in 1999, “A New Birth of Freedom.”

While pursuing a B.A. in history at Princeton University in the
late 1960s and early 1970s, Forbes was the founding editor of
Business Today, a magazine published by undergraduates studying at
the university. As publication continues, Business Today’s
circulation has reached 200,000.

Currently, Forbes serves as a final judge for the Gerald Loeb
Awards for Distinguished Business and Financial Journalism, an
award that honors the contributions of writers, editors and
producers who make significant contributions in business
journalism. The Anderson School at UCLA has sponsored the awards
since 1973.

The event is scheduled for Tuesday from noon to 12:45 p.m. at
Korn Convocation Hall at the Anderson School at UCLA. It is free
and open to the public, but registration is required. To register,
visit
http://www.anderson.ucla.edu/alumni/calendar/events/forbes.

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