Who Controls our Technology? ft. Daron Acemoğlu & Simon Johnson
The New Liberal Podcast
00:00
The Effects of COVID on the Economy
The Federal Reserve is working very hard right now to slow the economy down. It means pushing up the effective unemployment rate or the underutilization of labor at the lower end of the income distribution. So I am not sure, Jeremiah, that we've really passed the stage of saying, "Oh, we've changed macro policy and we're going to get a better set of distributional outcomes"
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