Hope and Change: The Role of Policymakers and Hope in Economic Decision-Making

Mohamed El-Erian is one of the world’s most respected economists and he has growing concerns about a recession in 2024. El-Erian previously served as the chief executive and chief investment officer at financial services company Pimco, and now is the chief economic advisor at Pimco’s parent company, Allianz, one of the world’s largest insurance and financial services firms. He is also the president of Queens’ College at the University of Cambridge. In this special episode of WSJ's Take On the Week, El-Erian discusses the policy mistakes he says the Federal Reserve has made and why he's hopeful about potential solutions that could keep the economy robust and resilient.  

Further Reading

The Improbably Strong Economy 

Fed Takes Heart in a Supply-Side Boom 

The Economy Was Supposed to Slow by Now. Instead It’s Revving Up. 

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