Income Inequality and Religion in the US Conference | part II

Income Inequality and Religion in the US Conference | part II

This multi-disciplinary symposium brings together leading scholars who will share their research and engage in conversation about the role of religion in addressing rising income inequality—an issue that impacts millions of people.

Summary

This multi-disciplinary symposium brings together leading scholars who will share their research and engage in conversation about the role of religion in addressing rising income inequality—an issue that impacts millions of people. During the 1960s and 1970s, 9-10% of total income went to the top one-percent of Americans. By 2007, this share had risen to 23.5%. Even before 2008 and the so-called Great Recession, the wages of the average worker in the U.S., adjusted for inflation, had been stagnant for three decades. How are the religions contributing to the complex mix of factors responsible for this state of affairs? Part 2 includes a presentation by Amir Sufi, the Bruce Lindsay Professor of Economics and Public Policy University of Chicago Booth School of Business Amir Sufi's research focuses on finance and macroeconomics. In addition to his position at Chicago Booth, Sufi is also Research Associate at the National Bureau of Economic Research. He serves as an associate editor for the American Economic Review and the Quarterly Journal of Economics. He has written articles published in the American Economic Review, the Journal of Finance, and the Quarterly Journal of Economics. His recent research on household debt and the economy has been profiled in the Economist, the Financial Times, the New York Times, and the Wall Street Journal. It has also been presented to policy-makers at the Federal Reserve, the Senate Committee on Banking, Housing, & Urban Affairs, and the White House Council of Economic Advisors. He is the co-author, with Atif Mian, of House of Debt: How They (and You) Caused the Great Recession and How We Can Prevent It from Happening Again (2014 Sponsored by the Martin Marty Center for the Advanced Study of Religion.

Details

Duration:
17 minutes, 57 seconds
Recorded:
February 24, 2016
Published: June 2, 2016
Presented by: