Mark Zandi is chief economist of Moody’s Analytics, where he directs the company’s research. He is a cofounder of Economy.com, which Moody’s purchased in 2005. Mark’s recent research has focused on foreclosure mitigation policy and the determinants of mortgage foreclosure and personal bankruptcy; he also has analyzed the economic impact of various tax and government spending policies and assessed the appropriate monetary policy response to bubbles in asset markets. Mark frequently testifies before Congress on topics including the economic outlook, the nation’s daunting fiscal challenges, the merits of fiscal stimulus, financial regulatory reform, and foreclosure mitigation. He is often quoted in national and global publications, and is frequently interviewed by major news media outlets. Mark is the author of Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis (2008), described by the New York Times as the “clearest guide” to the financial crisis. Mark earned his Ph.D. in economics at the University of Pennsylvania, where he did his research with Gerard Adams and Nobel laureate Lawrence Klein.