105 – David Andolfatto on Inflation and the Phillips Curve

105 – David Andolfatto on Inflation and the Phillips Curve

David is the Vice President of the St. Louis Federal Reserve Bank, and has published widely in the field of monetary economics. He also writes for his blog, MacroMania, where he covers a multitude of economic topics. David joins the show today to discuss the economics behind the Phillips Curve, and to help provide a greater understanding of the debate surrounding it. They also discuss the mystery of low inflation in the United States, the excess money demand problem, and the important role debt plays within international monetary policy. David Beckworth's blog: macromarketmusings.blogspot.com David Beckworth's Twitter: @DavidBeckworth David Andolfatto's Twitter: @dandolfa David Andolfatto's blog: andolfatto.blogspot.com

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Scott Sumner on Monetary Policy Confusion in Our Current Policy Debates

Scott Sumner on Monetary Policy Confusion in Our Current Policy Debates

Scott Sumner is the Ralph G. Hawtrey Chair Emeritus of Monetary Policy and the founder of the Monetary Policy Program at Mercatus. Scott returns to the show, to discuss his life post Mercatus, nominal...

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Tyler Muir on How to Understand the Fed's Quantitative Easing

Tyler Muir on How to Understand the Fed's Quantitative Easing

Tyler Muir is a professor of finance at UCLA. In Tyler's first appearance on the show, he discusses how he became a leading scholar on quantitative easing, what things the Fed can learn in responding ...

26 Jan 55min

Richard Berner on Growth of the Private Credit and the Role of Fiscal Dominance on Treasury Markets

Richard Berner on Growth of the Private Credit and the Role of Fiscal Dominance on Treasury Markets

Richard Berner is the former director of the Office of Financial Research and was a counselor of the Treasury Secretary. In Richard's first appearance on the show, he discusses a career that included ...

19 Jan 59min

Aaron Klein on the US's Real-Time Payments Problem and the Impact of Covid Era Quantitative Easing

Aaron Klein on the US's Real-Time Payments Problem and the Impact of Covid Era Quantitative Easing

Aaron Klein is a senior fellow in economic studies at the Brookings Institution. Aaron returns to the show to discuss his paper with George Selgin calling for real time payments, the inequality caused...

12 Jan 1h 2min

Per Åsberg Sommar on the State of the Riksbank and Operating Systems Around the World

Per Åsberg Sommar on the State of the Riksbank and Operating Systems Around the World

Per Åsberg Sommar is a senior advisor in the markets department at the Swedish central bank. In Per's first appearance on the show, he discusses his career as a central banker, the history of the Riks...

5 Jan 58min

2025 Macro Musings Retrospective

2025 Macro Musings Retrospective

David Beckworth and producer Sam Alburger dive into the last year of Macro Musings. They discuss David's foray into Substack, their favorite episodes of the year, the most popular episodes of 2025, Da...

29 Dec 202556min

Veronique de Rugy on the Impending American Fiscal Crisis

Veronique de Rugy on the Impending American Fiscal Crisis

Veronique de Rugy is the George Gibbs Chair in Political Economy and a Senior Research Fellow at the Mercatus Center at George Mason University. In Veronique's first appearance on Macro Musings she di...

22 Dec 202559min

Martha Gimbel on the Impact of AI and the Trade War on Labor Markets

Martha Gimbel on the Impact of AI and the Trade War on Labor Markets

Martha Gimbel is the executive director and co-founder of the Budget Lab at Yale. In Martha's first appearance on the show, she discusses the missing BLS job market data, the consequences of losing tw...

15 Dec 202555min

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