Friday, April 21, 2017

Macro Musings Podcast: James Bullard

My latest Macro Musings podcast is with James Bullard. James is the President of the St. Louis Federal Reserve Bank and an accomplished economic scholar. He joined me for a great conversation on macroeconomics that covered everything from the determinants of inflation to the Fed's balance to the future path of monetary policy. We also discussed Jame's work on imperfect credit markets and how it provides a another justification for NGDP level targeting. 

This was a fascinating conversation throughout and the transcripts for the show are here. 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.

Related Links
James Bullard's page at the St. Louis Federal Reserve

1 comment:

  1. I'm only a layman so my understanding of the topic area may be faulty. But I was shocked when Bullard said that the Fed targets headline inflation. Wasn't that the mistake they made in 2008? I'm guessing that this means it's more likely than not that we'll see at some point in the next couple decades a recession made worse by a demand shock due to the Fed.