Macro Musings with David Beckworth cover image

Tyler Cowen on the Greatest Economist of All Time and Other Macro Awards

Macro Musings with David Beckworth

00:00

Resetting the target of nominal GDP, challenges of having a Fed bound by rules, and Tyler's new book

This chapter discusses the challenges of resetting the target of nominal GDP after the pandemic and the importance of having a Fed imbued with nominal GDP ideology that is willing to take chances in the right direction. They also reflect on the experiment of the makeup policy and discuss the possibility of doing better in the future.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app