BROADCASTS.com

Lisa Cook is an Associate Professor of Economics at Michigan State University and formerly served as a senior economist at the Council of Economic Advisers under President Obama. Today, she joins the show to discuss her work on how the Great Recession affected households in the U.S. She also shares her thoughts on the prospects for economic development in Africa. Finally, she and David also discuss the U.S. patent system and whether the system is in need of reforms. (Note: We experienced some technical difficulties during the record of this episode. You\u2019ll notice a slight change in audio quality around the 5 minute mark.) David\u2019s blog: http://macromarketmusings.blogspot.com/ Lisa Cook\u2019s profile: https://msu.edu/~lisacook/ David\u2019s Twitter: @DavidBeckworth Lisa Cook\u2019s Twitter: @drlisadcook Related links: \u201cConsumer Finance and the Financial and Economic Crises: Implications from Household Surveys in Michigan\u201d by Lisa Cook https://msu.edu/~lisacook/mich_cons_fin_jconed_022511.pdf \u201cWere the Nigerian Banking Reforms of 2005 A Success ... And for the Poor?\u201d by Lisa Cook http://www.nber.org/papers/w16890 \u201cViolence and Economic Activity: Evidence from African American Patents, 1870-1940\u201d by Lisa Cook http://lisadcook.net/wp-content/uploads/2014/02/pats_paper17_1013_final_web.pdf