Joining Cardiff for this episode is Jared Bernstein, who was most recently the Chair of the Council of Economic Advisors for President Joe Biden following a long career in economic policy and public service.

Jared shares with Cardiff his thoughts on the current economic moment, the achievements he was most proud of during the Biden years, and a few regrets. They also discuss:

How the econ policymaking sausage gets made
Trade policy, globalization with allies, and concerns about protectionism
Inflation challenges, including the impact of the American Rescue Plan
Unions and worker bargaining power
The housing supply crisis and the role of federal incentives for local reforms
Immigration
AI’s possible effects on labor and productivity
How an early musical career led Jared to economics

RELATED LINKS

Jared’s Substack newsletter
Jason Furman’s Foreign Affairs article
Jared’s response to Furman
2024 Economic Report of the President
EIG’s analysis on “Manufacturing jobs boom not reaching places hit by the China Shock”

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Post-Bidenomics and what comes next