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Nathan Tankus on the Future of MMT and How to Avoid U.S. Debt Default

Release Date: 05/08/2023

Andy Levin on Holding the Fed Accountable

Macro Musings with David Beckworth

Andy Levin is a professor of economics at Dartmouth College and longtime advisor to many central banks. Andy returns to the show to discuss his policy brief on holding the Fed accountable for its spending practices. Check out the for this week’s episode, now with links. Recorded on April 9th, 2025 Subscribe to David's Substack: Follow David Beckworth on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro Musings Check out our Macro Musings to David's new BTS YouTube Channel Timestamps: (00:00:00) –...

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

Macro Musings with David Beckworth

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, or 13(3) and current happenings at the Federal Reserve. Check out the for this week’s episode, now with links. Recorded on March 27th, 2025 Subscribe to David's Substack: Follow David Beckworth on X: Follow Kathryn Judge on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro Musings Check out our Macro...

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

Macro Musings with David Beckworth

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 discusses the historical rise of the dollar, it’s present-day power, how it compares to other global currencies, current challenges to its power, the rise of crypto, and much more. Check out the for this week’s episode, now with links. Recorded on March 26th, 2025 Subscribe to David's Substack: Follow David Beckworth on X: Follow Paul Blustein on X: Follow the show on X: Check out...

Bill Nelson on the Future of Central Bank Operating Systems

Macro Musings with David Beckworth

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-driven floor system to a demand-driven floor system and how the Fed has been resistant to this change. Check out the for this week’s episode, now with links. Recorded on March 6th, 2025 Subscribe to David's Substack: Follow David Beckworth on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro Musings Check out our Macro...

Scott Lincicome on the Trump Trade War

Macro Musings with David Beckworth

Subscribe to David's Substack: Scott Lincicome is the vice president of general economics and trade at Cato. Scott returns to the program to discuss the past, present, and future of Trump’s trade war, the impact of tariffs on the US consumer, myths about globalization, the state of globalization worldwide, and much more. Check out the for this week’s episode, now with links. Recorded on March 19th, 2025 Follow David Beckworth on X: Follow Scott Lincicome on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro...

Lyman Stone on Demographic and Marriage Decline

Macro Musings with David Beckworth

Sign up for David's Substack: Lyman Stone is a demographer and the director of the Pronatalism Initiative at the Institute for Family Studies. In Lyman’s first appearance on the show, he discusses demographic and marriage decline, the fallacy in the thinking of degrowthers, the benefits of pronatalist policy, and much more. Check out the for this week’s episode, now with links. Recorded on February 13th, 2025 Follow David Beckworth on X: Follow Lyman Stone on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro...

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

Macro Musings with David Beckworth

Sign up for David's Substack: 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 Cyprus. In Athanasios’s first appearance of show he discussed real-time monetary policy rules, their implication on the Fed’s framework review, his natural growth target, and much more. Check out the for this week’s episode, now with links. Recorded on February 18th, 2025 Follow David Beckworth on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the...

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

Macro Musings with David Beckworth

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 future of AI. Check out the for this week’s episode, now with links. Recorded on February 19th, 2025 Follow David Beckworth on X: Follow the show on X: Follow Dean on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro Musings Check out our Macro Musings to David's new BTS YouTube Channel Timestamps: (00:00:00) – Intro...

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

Macro Musings with David Beckworth

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 labor regulations, who makes up the gig economy workforce, the role women play in the independent workforce, the novel concept of portable benefits, and much more. Check out the for this week’s episode, now with links. Recorded on January 31st, 2025 Follow David Beckworth on X: Follow the show on X: Follow Liya on X: Check out our new AI chatbot: the ! Join the new Macro...

Evan Koenig on the Case for Nominal GDP Targeting

Macro Musings with David Beckworth

Evan Koenig is a former senior aide to the president of the Dallas Fed. Evan returns to the show to discuss, the ins and outs of nominal GDP targeting, the practical applications of NGDP targeting, the reasons the Fed should consider it for the framework review, and much more. Check out the for this week’s episode, now with links. Recorded on October 29th, 2024 Follow David Beckworth on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings ! Join the Macro Musings Check out our Macro Musings to David's new BTS YouTube...

More Episodes

Nathan Tankus is a popular writer for a newsletter titled, *Notes on the Crises* and is the research director of the Modern Money Network. Nathan is also a returning guest to Macro Musings, and he rejoins the podcast to talk about modern monetary theory and the debt ceiling. Specifically, David and Nathan discuss the future of MMT, the case for minting the trillion dollar coin, the prospects of issuing Federal Reserve securities, the history of the Fed’s operating procedures, and a lot more.

Transcript for this week’s episode

Nathan’s Twitter: @NathanTankus

Nathan’s Substack, Notes on the Crises

Nathan’s Modern Money Network profile

David Beckworth’s Twitter: @DavidBeckworth

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