Connecting Interest Rates & Output

Connecting Interest Rates & Output

What is the most important price in the economy? Betsey Stevenson and Justin Wolfers say that it's the interest rate, and they dig into where it comes from, and how it drives all spending in the economy. These big ideas yield a framework called the IS-MP model which policymakers use to help devise fiscal and monetary policies to kick-start the economy.

Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

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Jaksot(140)

Why Official Inflation Can Seem Too Low | The Professor Is In

Why Official Inflation Can Seem Too Low | The Professor Is In

Prices rose 3.7% over the past year, core inflation is stuck around 2.6%, and your paycheck is buying less than it used to — yet it feels like everything costs way more than that. Economist Justin Wol...

16 Loka 29min

The Latest Inflation Report, Explained | Diving In

The Latest Inflation Report, Explained | Diving In

The latest inflation report just dropped, and Justin Wolfers digs into why it's worse than Wall Street expected. Headline inflation came in at an eye-popping 3.7% — well above the Fed's 2% target — an...

14 Loka 15min

The Hidden Force Dragging Down Consumer Sentiment | Diving In

The Hidden Force Dragging Down Consumer Sentiment | Diving In

Americans feel almost exactly as gloomy today as they did in 1980 — when inflation was near 14% and unemployment was close to 8%. Today those numbers are a fraction of that, yet consumer sentiment hit...

12 Loka 19min

The Nobel-Winning Insight That Made Spending Hard to Predict | Diving In

The Nobel-Winning Insight That Made Spending Hard to Predict | Diving In

Why Robert Hall and Michael Woodford won the 2026 Nobel Prize in Economics — explained simply. This morning Robert Hall and Michael Woodford won the 2026 Nobel Prize in Economics, and Justin Wolfers c...

12 Loka 24min

The G7’s 100 Million Barrel Announcement Changes Nothing | The Professor Is In

The G7’s 100 Million Barrel Announcement Changes Nothing | The Professor Is In

Justin Wolfers takes apart a headline that circled the globe: the G7 announcing it will release 100 million barrels of oil it had already promised to release back in March 2026. On this episode of Div...

9 Loka 26min

Trump's Red Diesel Order, Explained | Diving In

Trump's Red Diesel Order, Explained | Diving In

Justin Wolfers digs into President Trump's new executive order letting truckers fill up with red diesel — the tax-free fuel normally reserved for farmers, construction crews, and miners — and deferrin...

8 Loka 19min

This Oil Deal Sounds Huge. Until You Do the Math | Diving In

This Oil Deal Sounds Huge. Until You Do the Math | Diving In

Trump calls it a massive win: 100 million barrels of emergency oil and fuel released to bring diesel prices down. In this episode of Diving In, Justin Wolfers reads the G7 communique line by line and ...

7 Loka 25min

Why the Jobs Report Keeps Changing | The Professor Is In

Why the Jobs Report Keeps Changing | The Professor Is In

The September jobs report landed weak, and the numbers for July and August got quietly revised downward. Economist Justin Wolfers takes your questions on what that actually means — and why a statistic...

5 Loka 23min

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