[embedded content] My latest Macro Musings podcast is with Tyler Cowen. Tyler is a professor of economics at George Mason University. He joined me to discuss his new book, The Complacent Class: The Self-Defeating Quest for the American Dream. In it, Tyler argues that the restlessness and willingness to take risks have been key traits throughout American history has been waning. In the last few decades, American society has become more risk-averse and this has led to less innovation and dynamism in the economy. Tyler notes that this risk aversion has bled over into macroeconomic policy and may be a contributor to the slow recovery following the 2008 crisis. This was a fun and fascinating conversation throughout. You can listen to the podcast on Soundcloud, iTunes, or your favorite podcast app. You can also listen via the embedded player above. And remember to subscribe since more episodes are coming.
David Beckworth considers the following as important: Podcast
This could be interesting, too:
Jared Bernstein writes What’s the Fed Up to? Podcast version.
Jared Bernstein writes Jump on the productivity merry-go-round!
David Beckworth writes Macro Musings 54: Josh Zumbrun on Challenges and Angst Facing the Economics Profession
David Beckworth writes Macro Musings 53: James Bullard on Life as a Fed Bank President and Monetary Policy in 2017