Zachary Mazlish on the Political Implications of Inflation and the Impact of Transformative AI

Zachary Mazlish on the Political Implications of Inflation and the Impact of Transformative AI

Zachary Mazlish is an economist at the University of Oxford, and he joins David on Macro Musings to explain some recent and important macroeconomic developments, specifically the inflation linkages to the 2024 presidential election and the macroeconomic implications of transformative AI. David and Zach also discuss transformative AI's impact on asset pricing, optimal monetary policy in world of high growth, the causes of the slowdown in trend productivity, and more.

Transcript for this week's episode.

Zach's Twitter: @ZMazlish

Zach's Substack

Zach's website

David Beckworth's Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

Check out our new AI chatbot: the Macro Musebot!

Join the new Macro Musings Discord server!

Join the Macro Musings mailing list!

Check out our Macro Musings merch!

Related Links:

*Yes, Inflation Made the Median Voter Poorer* by Zachary Mazlish

*Transformative AI, Existential Risk, and Real Interest Rates* by Trevor Chow, Basil Halperin, and Zachary Mazlish

*Decomposing the Great Stagnation: Baumol's Cost Disease vs. "Ideas Are Getting Hard to Find"* by Basil Halperin and Zachary Mazlish

*The Unexpected Compression: Competition at Work in the Low Wage Labor Market* by David Autor, Arin Dube, and Annie McGrew

Timestamps:

(00:00:00) – Intro

(00:04:03) – Inflation Made the Median Voter Poorer: Comparing Periods of Wage Growth

(00:15:26) – Inflation Made the Median Voter Poorer: The Median Change in the Wage

(00:22:19) – Assessing the Feedback to Zachary's Article

(00:25:05) – The Significance of Transformative AI and its Double-Edged Sword

(00:27:02) – The Impact of Transformative AI on Asset Pricing and its Policy Challenges

(00:38:07) – The Broader Macroeconomic Effects of Rapid Growth

(00:41:05) – Optimal Monetary Policy in a World of High Growth

(00:43:19) – Exploring the Causes of the Productivity Slowdown

(00:49:21) – Outro

Episoder(541)

Kathryn Judge on the Importance of Emergency Lending Facilities at the Federal Reserve

Kathryn Judge on the Importance of Emergency Lending Facilities at the Federal Reserve

Kathryn Judge is a law professor at Columbia University and a legal scholar of the Federal Reserve and financial policy. Kathryn returns to the show to discuss the Fed's Emergency Lending Facilities, ...

21 Apr 202556min

Paul Blustein on the Rise, Dominance, and Current Challenges to King Dollar

Paul Blustein on the Rise, Dominance, and Current Challenges to King Dollar

Paul Blustein is a former Washington Post and Wall Street Journal journalist who has authored several acclaimed books on global economic institutions. In Paul's first appearance on the show, he discus...

14 Apr 202557min

Bill Nelson on the Future of Central Bank Operating Systems

Bill Nelson on the Future of Central Bank Operating Systems

Bill Nelson is a Chief economist and an executive vice president at the Bank Policy Institute. Bill returns to the show to discuss the changes at many central banks around the world from a supply-driv...

7 Apr 202559min

Scott Lincicome on the Trump Trade War

Scott Lincicome on the Trump Trade War

Subscribe to David's Substack: Macroeconomic Policy Nexus Scott Lincicome is the vice president of general economics and trade at Cato. Scott returns to the program to discuss the past, present, and ...

31 Mar 20251h 2min

Lyman Stone on Demographic and Marriage Decline

Lyman Stone on Demographic and Marriage Decline

Sign up for David's Substack: Macroeconomic Policy Nexus Lyman Stone is a demographer and the director of the Pronatalism Initiative at the Institute for Family Studies. In Lyman's first appearance o...

24 Mar 202555min

Athanasios Orphanides on Real-Time Monetary Rules and their Impact on the Fed's Framework Review

Athanasios Orphanides on Real-Time Monetary Rules and their Impact on the Fed's Framework Review

Sign up for David's Substack: Macroeconomic Policy Nexus Athanasios Orphanides is a professor at MIT, formerly served at the Federal Reverse for 15 years, and was the Governor of the Central Bank of ...

17 Mar 202557min

Dean Ball on the Past, Present, and Future of AI

Dean Ball on the Past, Present, and Future of AI

Dean Ball is a research fellow at the Mercatus Center. In Dean's first appearance on the show, he explains the AI revolution, current AI developments, policy implications of the AI boom, and the futur...

10 Mar 202557min

Liya Palagashvili on the Gig Economy, Portable Benefits, and Changing Labor Regulations

Liya Palagashvili on the Gig Economy, Portable Benefits, and Changing Labor Regulations

Liya Palagashvili is a senior research fellow and director of the Labor Policy Project at the Mercatus Center. In Liya's first appearance on the show she explains federal and state level changes to la...

3 Mar 20251h 3min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
finansredaksjonen
utbytte
pengepodden-2
rss-sunn-okonomi
morgenkaffen-med-finansavisen
lederpodden
stormkast-med-valebrokk-stordalen
liberal-halvtime
rss-markedspuls-2
lederskap-nhhs-podkast-om-ledelse
arcticpodden