Magne Mogstad is the Gary S. Becker Professor in Economics and the College in the Kenneth C. Griffin Department of Economics at the University of Chicago, as well as the Director of the Ronzetti Initiative for the Study of Labor Markets at the Becker Friedman Institute at the University of Chicago. His work is motivated by the broad question of how to address market failures and equalize opportunities. Countless policies – taxation, subsidized education, social insurance – have been implemented