Jon Hartley on the Legacy of John Taylor and his New Measure of R-Star

Jon Hartley is a macroeconomist and affiliated scholar at the Mercatus Center. Jon returns to the show to discuss the most recent Hoover Monetary Conference, the legacy of John Taylor, why central banks should be using his new measure of r-star, the status of debt management at the US Treasury, and much more.

Check out the transcript for this week’s episode, now with links.

Recorded on August 26th, 2025

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Timestamps

00:00:00 - Intro

00:05:56 - John Taylor’s Contributions to Economics

00:34:10 - Better Measure of R-Star

00:48:11 - The Government’s Debt Management Policy

01:03:39 - Outro