The basic mechanisms of virality in social media apply to academic research findings as much as they do to anything else. Even within academic circles, when one of these findings is much more conformal to an overall worldview or to an overall picture, it can be the case that those two papers are cited much, much, much more than the other eight papers put together. The first one said, there's something really congenial to all of us to see here, and that's a problem, and I don't exactly know how to fix that.
Jason Furman is a professor of economics in the Economics Department at Harvard and at the Harvard Kennedy School. He also served as the chair of the Council of Economic Advisers under President Barack Obama.
In this week’s conversation, Yascha Mounk and Jason Furman discuss the causes of today’s persistent inflation in the US and whether it is likely to continue; how concerned we should be about the recent failures of mid-sized regional banks; and why America’s share of world GDP has remained resilient over the past decades even though it sometimes feels dysfunctional relative to other developed economies like Germany and Japan.
This transcript has been condensed and lightly edited for clarity.
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