Starting in the Spring of 1986, graduate students have chosen an outstanding scholar to visit for a day, giving a lecture and talking with graduate students. This series honors Lionel McKenzie for his outstanding contribution to the field of economics and for his life-long commitment to the Rochester PhD program. This year we welcome Richard Blundell (from University College London) to speak on "Inequality, Redistribution and the Labour Market: Reflections from the Deaton Review"