2min chapter

The New Bazaar cover image

Macro Musings with David Beckworth

The New Bazaar

CHAPTER

We Have to Big Time on Inflation

I think another one I'm probably best known in the last few years for was early to write about the great resignation. But if you actually look at the early data that we have from California and some other states, it shows that a lot of people change jobs, but they still generally stayed within the same sector. So definitely learned some hard lessons, both about kind of, you know, remembering to think about demand and NGDP and keeping that in front of mind.

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