Diana Farrell
Showing 1–2 of 2 transcripts.
- Milken Institute58 min
Does Capitalism Need Saving?
Peter Passell, Tyler Cowen, Diana Farrell, Alan Krueger, John Taylor
Distinguished economists including Tyler Cowen, Alan Krueger, and Diana Farrell convened to address the U.S. stagnation in wage growth, rising inequality, and the structural vulnerabilities of the middle class. The panel debated critical policy levers such as education reform, universal basic income, and minimum wage adjustments, while highlighting how occupational licensing and reduced competition hinder labor mobility. Ultimately, the discussion emphasized that addressing a fifteen-year productivity slowdown and managing the disruptive effects of automation and immigration are essential for restoring long-term economic prosperity.
- Milken Institute57 min
Jobs in the Developed World
Peter Passell, Dean Baker, Bethann Bovino, Diana Farrell, Kevin Hassett, Stephen Ratner
Six economists convened to analyze the persistent divergence between U.S. economic recovery and historical norms, where unemployment remains high and labor force participation has hit a 35-year low. The panel debated causes ranging from aggregate demand failures and long-term unemployment stigma to structural skills mismatches, ultimately converging on the need for policy shifts such as federal work-sharing, immigration reform, and portable benefits. Speakers warned that without addressing these entrenched issues, the U.S. risks a permanently reduced productive capacity and deepening inequality.