Milken Institute Review Live: A conversation with Jason Furman, Chairman of the White House Council of Economic Advisers

October 17, 2014

8:15am - 9:30am

Washington, D.C.



Jason Furman and Peter Passell, editor of the Milken Institute Review, discussed Furman's article, "Inclusive Growth: For Once, Some Good News," which appears in the current Milken Institute Review. Milken Institute Review Live events provide lively and high-level discussion on vital topics by the distinguished thinkers who contribute to the Institute's quarterly journal of economic affairs.

Income inequality has risen dramatically in the last several decades, in the United States and elsewhere, and policy makers globally are searching for practical solutions. Some observers, such as the French economist Thomas Piketty, argue that the widening gap is driven by forces largely beyond our control. But in his article, Furman argues that such pessimism doesn't stand up to close analysis.

Furman challenges the idea that government policies designed to buck the headwinds of inequality would exact a heavy price in productivity and growth. To the contrary, he argues, there are a number of policies that could increase the efficiency of the U.S. economy even as they narrow the income gap and increase the economic mobility of the poor and middle class.


About the Speakers

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Jason Furman is the Chairman of the White House Council of Economic Advisers. Prior to this role, he served as Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council. From 2007 to 2008 Furman was a Senior Fellow in Economic Studies and Director of the Hamilton Project at the Brookings Institute. Previously, he served as a Staff Economist at the Council of Economic Advisers, a Special Assistant to the President for Economic Policy at the National Economic Council under President Clinton and Senior Adviser to the Chief Economist and Senior Vice President of the World Bank.

Furman, who earned his Ph.D. in economics and a M.A. in government from Harvard University and a M.Sc. in economics from the London School of Economics, has also served as Visiting Scholar at NYU’s Wagner Graduate School of Public Service, a visiting lecturer at Yale and Columbia Universities, and a Senior Fellow at the Center on Budget and Policy Priorities. In addition to numerous articles in scholarly journals and periodicals, Furman is the editor of several books on economic policy, including "Path to Prosperity" and "Who Has the Cure?"

CroppedImage152202 PPassell small Peter Passell is editor of The Milken Institute Review, the Institute's economic quarterly. A senior fellow, Passell joined the Institute after eight years as economics columnist for the news department of The New York Times. He previously served on the Times' editorial board and was an assistant professor at Columbia University's Graduate Department of Economics. Passell received his Ph.D. in economics from Yale University.

For more information, please contact: Dianna Dunne, Director of Government Affairs, Milken Institute at