Perception vs Reality: The Cost of Living and Economic Indicators

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Exploring the disconnect between economic metrics and public sentiment, focusing on how economists and individuals perceive the cost of living differently. The chapter also discusses the impact of comparing prices over time on inflation perception and how personal experiences shape views on the economy.

Yascha Mounk and Larry Summers also discuss the promise and perils of artificial intelligence.

Larry Summers is an economist, the Charles W. Eliot University Professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School, and a member of the board of directors of OpenAI. Summers is the former President of Harvard University, the former Secretary of the Treasury under Bill Clinton, and was a director of the National Economic Council under Barack Obama.

In this week’s conversation, Yascha Mounk and Larry Summers discuss how universities can re-commit to pursuing truth and protecting academic freedom; how current economic indicators contrast with how many people actually experience the economy; and how Biden can improve his odds for re-election.

This transcript has been condensed and lightly edited for clarity.

Please do listen and spread the word about The Good Fight.

If you have not yet signed up for our podcast, please do so now by following this link on your phone.

Email: podcast@persuasion.community

Website: http://www.persuasion.community

Podcast production by Jack Shields, and Brendan Ruberry

Connect with us!

Spotify | Apple | Google

Twitter: @Yascha_Mounk & @joinpersuasion

Youtube: Yascha Mounk

LinkedIn: Persuasion Community

Learn more about your ad choices. Visit megaphone.fm/adchoices