Many Happy Returns Soft Landings Are Hard: How Has the US Economy Achieved the Impossible?
Dec 27, 2023
Discussion on the achievement of a soft landing in the American economy, without higher unemployment or a recession. Exploring the challenges faced during the soft landing, including the bankruptcy of Orange County. Theories on the US economy's inflation spike and the risks to the economy. Challenges of predicting human behavior and the complexity of economic modeling.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Historic Soft Landing and the Bankruptcy of Orange County
01:58 • 2min
Challenges and Complications in the US Economy
03:40 • 10min
Theories on US economy's inflation spike
13:56 • 13min
Risks to the US Economy and the Possibility of Another Inflation Spike
27:12 • 6min
Challenges of Predicting Human Behavior and the Economy
32:54 • 2min
The Challenges of Economic Modeling and the Need for Complexity
35:06 • 4min