Casey Mulligan is a Professor of Economics and of the College at the University of Chicago. He is the author of The Redistribution Recession: How Labor Market Distortions Contracted the Economy (2012). Redistribution, or subsidies and regulations intended to help the poor, unemployed and financially distressed, have changed in many ways since the onset of the recent financial crisis. The unemployed, for instance, can collect benefits longer and can receive bonuses, health subsidies and tax...
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