Libsyn Directory

James Bullard on FAIT, Nominal GDP Targeting, and the Fed’s Upcoming Framework Review

Release Date: 07/22/2024

Peter Conti-Brown on the Fed under Trump 2.0, Reforming the Discount Window, and Providential Moments

Macro Musings with David Beckworth

Peter Conti-Brown is a historian and legal scholar of the Federal Reserve System and an associate professor at the Wharton School of Business at the University of Pennsylvania. Peter returns to the podcast to discuss the state of Federal Reserve leadership under the incoming Trump administration, expectations for Fed independence, a new proposal for limiting stigma at the discount window, stories about a life lead by faith, and much more. Check out the for this week’s episode, now with links. Recorded on January 10th, 2025 Follow David Beckworth on X: Follow Peter...

David Bahnsen on the Incoming Trump Administration and the Financialization of the US Economy

Macro Musings with David Beckworth

David Bahnsen is a Wall Street veteran and currently is the managing director of The Bahnsen Group. In David’s first appearance on the podcast, he talks through multiple questions about the incoming Trump Administration, the problem with the growing indebtedness of the US government, shifts in the Republican party, the notion of financialization of the US economy, and much more. Check out the for this week’s episode, now with links. Follow David Beckworth on X: Follow David Bahnsen on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new Macro Musings !...

Marijn Bolhuis on Fiscal R-star and its Implications for Macroeconomic Policy

Macro Musings with David Beckworth

Marijn Bolhuis is an economist in the World Economic Studies Division of the IMF’s research department. In Marijn’s first appearance on the podcast he discusses his new paper, which introduces the idea of a fiscal r-star, and expands on another paper which helps economists understand why consumer sentiment is so depressed, despite relatively low unemployment and inflation coming back to target. Check out the for this week’s episode, now with links. Follow David on X: Follow Marijn on X: Follow the show on X: Check out our new AI chatbot: the ! Join the new...

Macro Musings 2024 Retrospective

Macro Musings with David Beckworth

David Beckworth and producer Sam Alburger dive into the last year of Macro Musings. They pick their favorite episodes, discuss how the year 2024 will be remembered in the macroeconomic history, highlight stories about the making of the show, combine David’s love for basketball and economics, and much more. Check out the for this week’s episode, now with links. Follow David 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 ...

George Selgin on Strategic Bitcoin Reserves, Debanking, and the Fed’s Framework Review

Macro Musings with David Beckworth

George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute. George is also a returning guest to the program, and he rejoins David on Macro Musings to talk about crypto, strategic Bitcoin reserves, and the Fed’s framework review. Specifically, David and George also discuss George’s outlook for a strategic Bitcoin reserve in the US, the significance of the debanking problem, the path to adopting a nominal GDP targeting framework, and much more. Transcript for this week’s George’s Twitter: George’s...

Joey Politano on the AI Investment Boom and Trends in Economic Growth

Macro Musings with David Beckworth

Joey Politano is an economist and a commentator who writes a popular Substack newsletter on economics. Joey is also a returning guest to Macro Musings, and he rejoins David to talk about the AI investment boom and broader economic growth trends. Specifically, David and Joey also discuss generational differences in economic perspectives, the increased demand for nuclear energy, the importance of AI in driving scientific research, and much more. Transcript for this week’s Joey’s X: Joey’s Bluesky: Joey’s David Beckworth’s Twitter: Follow us on...

Jeffrey Lacker on the History of Fed Credit Policy and the Four Doctrines of Fed Lending

Macro Musings with David Beckworth

Jeffrey Lacker is a senior affiliated scholar at the Mercatus Center, and he previously worked at the Federal Reserve Bank of Richmond, where he served as its president from 2004 to 2017. Jeff is also a returning guest to the podcast, and he rejoins David on Macro Musings to talk about the history of the Federal Reserve’s credit policy, as well as a recent Shadow Open Market Committee conference. Transcript for this week’s Jeffrey’s Jeffrey’s Mercatus David Beckworth’s Twitter: Follow us on Twitter: Check out our new AI chatbot: the !...

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

Macro Musings with David Beckworth

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 Zach’s Twitter: Zach’s Zach’s David Beckworth’s Twitter: ...

Ellen Correia Golay on the Keys to Improving Treasury Market Resiliency

Macro Musings with David Beckworth

Ellen Correia Golay is an advisor in the Markets Group at the Federal Reserve Bank of New York, focusing on the US Treasury market. She also helped lead an interagency working group report and a recent conference on the Treasury market. Ellen joins David on Macro Musings to talk about these and other Treasury-related developments. Ellen and David also discuss her career journey and role at the New York Fed, the current and future challenges in the Treasury Market, necessary areas for reform, and more. DISCLAIMER: Ellen Correia Golay’s views are her own, and they do not represent those...

Emil Verner on Banking Crises, Credit Booms, and the Rise of Populism

Macro Musings with David Beckworth

Emil Verner is an associate professor of finance at MIT Sloan and is a research fellow at the National Bureau of Economic Research. Emil has written widely on financial stability, banking panics, and credit booms, and he joins David on Macro Musings to talk about these issues. Specifically, David and Emil also discuss the causes and policy implications of bank failures, the shortcomings of the Diamond-Dybvig model of bank runs, how financial crises spur the rise of populism, and much more. Transcript for this week’s Register now for . Emil’s Twitter: Emil’s ...

More Episodes

James Bullard was the president and CEO of the Federal Reserve Bank of St. Louis from 2008 to 2023, and he is currently the dean of the Mitchell E. Daniels Jr. School of Business at Purdue University. James is also a previous guest of the show, and he rejoins David on Macro Musings to talk about his time at the Fed, FAIT, and the upcoming Fed framework review. Specifically, James and David also discuss how to improve the FOMC’s economic reporting, the case for implementing nominal GDP targeting, the future of R-star, and much more.

Transcript for this week’s episode.

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