Book Talk With Professor Amir Sufi: House of Debt

Come join the Muslims in Business Group for dinner as we talk with Professor Amir Sufi about his widely acclaimed book House of Debt. Dr. Amir Sufi is the Bruce Lindsay Distinguished Service Professor of Economics and Public Policy at the University of Chicago Booth School of Business. He is also a Research Associate at the National Bureau of Economic Research, and co-director of the NBER Program on Corporate Finance. He serves as an associate editor for the American Economic Review. Professor Sufi was awarded the 2017 Fischer Black Prize by the American Finance Association, given biennially to the top financial economics scholar under the age of 40. He was elected as a Fellow of the Econometric Society in 2022.

Professor Sufi's research on household debt and the macroeconomy has been profiled in The Economist, The New York Times, and The Wall Street Journal and has been presented to the Federal Reserve and the Senate Committee on Banking, Housing, and Urban Affairs.

Published in 2014 and lauded as the most important economics book of the year by The Financial Times, House of Debt presents Professor Sufi's research to the general public and uses clear and compelling economic evidence to attribute the 2008 Great Recession to the increase in household debt and subsequent decrease in household spending while disproving other theories.

With household debt today being the highest on record and exceeding $16.90 trillion dollars in the fourth quarter of 2022, is the macroeconomic situation that we are in today similar to the macroeconomic situation that we were in from 2007 to 2008? Are the recent bankruptcies by Silicon Valley Bank and First Republic Bank harbingers of things to come? Come join us for a talk followed by a Q&A to find out!

Dinner and refreshments will be served. Please reach out to the organizers of the event in case you have any dietary restrictions.

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Co-hosted with: Adam Smith Society (FT)

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