SEARCH: Magne Mogstad

Business Insider: The Math Is Clear: Universal Basic Income Is A Terrible Idea

Originally published on Business Insider. It’s not a new idea, but few could have predicted that talk about universal basic income (UBI) would be receiving as much attention as it is today — especially among candidates for president of the United States. Andrew Yang has made UBI the cornerstone of his campaign and is now […]

Economic Strategy Group Member Statement, December 2019

Aspen Economic Strategy Group (AESG) Member Statement December 2019 We, the undersigned members of the AESG, have collectively worked at the highest levels of the policy, business, government, academic, and civic communities. We believe that our nation’s economic policies need to be adjusted so that more people participate more fully in our economic success. We […]

New York Times: How to Get Americans to Love Capitalism Again

Originally published in New York Times. American capitalism is at a serious inflection point. Many Americans, including the two of us, are alarmed by enormous levels of inequality and by declining economic mobility. We are concerned that in many cases American markets are no longer the most competitive in the world. And, we worry that […]

Universal Basic Income (UBI) as a Policy Response to Current Challenges

Overview: There is growing concern that current US transfer and social welfare programs are ill-equipped to address widening income inequality, stagnant income growth, declining economic mobility, and the negative impact of automation. This has led to a renewed debate over the merits of a Universal Basic Income (UBI) program and its capacity to address these […]

Magne Mogstad

MAGNE MOGSTAD is the Gary S. Becker Professor in Economics at the University of Chicago and the director of the Ronzetti Initiative for the Study of Labor Markets at the Becker Friedman Institute. His primary research fields are labor economics, public economics, and economic inequality, and his research focuses on how to address market failures […]