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Jan 23

The Redistribution Recession: How Labor Market Distortions Contracted the Economy

A book event

Why did the Great Recession become so severe? Why has the recovery from it been so weak? These are just two of the many crucial questions that policy makers and economists need to answer if we expect to learn the deep lessons from the economic agony of the past four years.

Fortunately, University of Chicago economics professor, Casey Mulligan, has just published one of the first, comprehensive explorations of these questions in his new book, The Redistribution Recession: How Labor Market Distortions Contracted the Economy. Surprisingly, many of the well-intended policy changes enacted by Congress since 2007 and directed at helping distressed workers actually deepened their troubles and the economy's malaise.

Join us as Dr. Mulligan highlights the key findings from this seminal publication. Comments on the book will be delivered by Rea Hederman, the new Director of Heritage's Center for Data Analysis, and Diana Furchtgott-Roth, a Senior Fellow at the Manhattan Institute and former Chief Economist at the U.S. Department of Labor.

More About the Speakers

Casey B. Mulligan
Author and Professor of Economics, University of Chicago

with commentaries from
Diana Furchtgott-Roth
Senior Fellow, The Manhattan Institute

Rea Hederman
Director, Center for Data Analysis, The Heritage Foundation