Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative
Macro Musings with David Beckworth
Release Date: 07/10/2023
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Steven Kelly on the Challenges of Treasury Equity Funding for 13(3) Facilities
Macro Musings with David Beckworth
Steven Kelly is the associate director of research as the Yale Program on Financial Stability. Steven returns to the show to discuss his new model, the Treasury Equity Model of the Federal Reserve’s emergency lending. Check out the for this week’s episode, now with links. Recorded on January 23rd, 2025 Follow David Beckworth on X: Follow Steven Kelly: 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) –...
info_outlineChris Conlon is an associate professor of economics at the NYU Stern School of Business where he focuses on industrial organization economics and econometrics. Chris joins David on Macro Musings to help shed light on the 2021-2023 inflation surge from the perspective of an IO economist. Specifically, David and Chris discuss the great markup debate within IO economics, the shaky foundation of greedflation, the cost anticipation story of higher prices, and more.
Transcript for this week’s episode.
Chris’s Twitter: @conlon_chris
Chris’s website
Chris’s NYU profile
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Related Links:
*Rising Markups, Rising Prices?* by Chris Conlon, Nathan Miller, Tsolmon Otgon, and Yi Yao
Chris’s Twitter thread on the recent inflationary episode
*The Rise of Market Power and the Macroeconomics Implications* by Jan De Loecker, Jan Eeckhout, and Gabriel Unger
*How Much Have Record Corporate Profits Contributed to Recent Inflation?* by Andrew Glover, Jose Mustre-del-Rio, Alice von Ende-Becker