Episódios

  • Jon Hartley on the Legacy of John Taylor and his New Measure of R-Star
    Sep 29 2025

    Jon Hartley is a macroeconomist and affiliated scholar at the Mercatus Center. Jon returns to the show to discuss the most recent Hoover Monetary Conference, the legacy of John Taylor, why central banks should be using his new measure of r-star, the status of debt management at the US Treasury, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 26th, 2025

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    Timestamps

    00:00:00 - Intro

    00:05:56 - John Taylor’s Contributions to Economics

    00:34:10 - Better Measure of R-Star

    00:48:11 - The Government’s Debt Management Policy

    01:03:39 - Outro

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    1 hora e 4 minutos
  • Marc Giannoni on the Fed’s Framework Review, it’s Independence, and the Future of R-Star
    Sep 22 2025

    Marc Giannoni is a managing director and the chief US economist at Barclays Capital. In Marc’s first appearance on the show he discusses working on the 2020 Fed Framework Review, the troubling issues of Fed independence and fiscal dominance, the future of long rates and r-star, his influential 2006 paper about what good monetary policy looks like, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 28th, 2025

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    Timestamps

    00:00:00 - Intro

    00:01:35 - Marc’s Career

    00:06:41 - Fed’s Framework Review

    00:20:46 - Fed Independence

    00:27:12 - Long-Term Rates

    00:43:39 - Has Monetary Policy Become More Effective?

    00:55:48 - Outro

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    56 minutos
  • Samim Ghamami on the Treasury Markets Impact on the Future Path of Interest Rates and Inflation
    Sep 15 2025

    Samim Ghamami is former SEC economist. Samim returns to the show to discuss the fiscal trajectory of the US, the outlook of interest rates, the US Treasury market’s impact on inflation, potential reforms to the Treasury market and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 5th, 2025

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    Timestamps

    00:00:00 - Intro

    00:01:42 - Fiscal Trajectory of the US

    00:3:55 - Interest Rates

    00:21:28 - Inflation

    00:39:53 - Treasury Market Reform

    00:48:05 - Outro

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    49 minutos
  • Jerry Dwyer on the History of Free Banking and the Future of Bitcoin
    Sep 8 2025

    Jerry Dwyer is a professor emeritus of economics at Clemson, a vice president at the Federal Reserve Bank of Atlanta and is currently a senior fellow at the Bitcoin Policy Institute. In Jerry’s first appearance on the show, he discusses what it was like having Milton Friedman as a mentor, the history of free banking, the status of cryptocurrencies including Bitcoin, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on July 22nd, 2025

    Subscribe to David's Substack: Macroeconomic Policy Nexus

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    Timestamps

    00:00:00 - Intro

    00:01:24 - Jerry’s Career

    00:12:01 - Free Banking Period

    00:28:37 - Bitcoin and Stablecoins

    00:55:44 - Outro

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    56 minutos
  • Hester Peirce on the role of the SEC, Financial Surveillance, and Crypto
    Sep 1 2025

    Hester Peirce is a current commissioner at the Securities and Exchange Commission and serves on its crypto task force. Hester returns to the show to discuss her time and role at the SEC, the SEC evolving role in the regulation landscape, the problems with our current state of the financial surveillance, the state of crypto for a regulator’s perspective, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 11th, 2025

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    Timestamps

    00:00:00 - Intro

    00:01:56 - Hester’s Career

    00:07:57 - Peanut Butter and Watermelon

    00:17:37 - Crypto Mom

    00:20:49 - GENIUS Act and CLARITY Act

    00:22:47 - Crypto Task Force

    00:24:04 - Feedback

    00:26:53 - Being an SEC Commissioner

    00:31:24 - Lane Drifting

    00:37:31 - Dissent

    00:40:20 - SEC Moving Forward

    00:47:03 - Outro

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    48 minutos
  • Robin Brooks on the Dollar, Fiscal Dominance, and Geoeconomics
    Aug 25 2025

    Robin Brooks is a senior fellow at the Brookings Institution. Robin returns to the show to discuss his previous appearance in March of 2020, life at a think tank, the changing or not-so-much status of the dollar, Trump’s trade war, the current landscape of geoeconomics and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on August 7th, 2025

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    Timestamps

    00:00:00 - Intro

    00:00:50 - Looking Back at the Pandemic War and Fiscal Dominance

    00:07:07 - Robin’s Career: From Wall Street to Think Tank

    00:18:53 - The Status of the US Dollar

    00:27:28 - The Trade War

    00:32:40 - Deglobalization

    00:39:29 - Geoeconomics

    00:47:28 - Secondary Sanctions

    00:55:23 - Outro

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    56 minutos
  • Aditi Sahasrabuddhe on the Role Central Banker Relationships Play in Economic Crises
    Aug 18 2025

    Aditi Sahasrabuddhe is a political scientist at Brown University and the author of the new book, Banker’s Trust: How Social Relations Avert Global Financial Collapse. In Aditi’s first appearance on the show, she discusses how central bankers’ relationships in the 1920’s impacted the global economy, how the ending of those relationships played a part in the Great Depression, how we can apply those principles to the Great Recession and the present, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on July 30th, 2025

    Subscribe to David's Substack: Macroeconomic Policy Nexus

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    Timestamps

    00:00:00 - Intro

    00:00:50 - Aditi’s Intellectual Journey

    00:03:57 - Louis Franck at the National Bank of Belgium

    00:05:46 - Relationships and Crisis

    00:11:07 - Central Bank Club

    00:17:06 - Central Bankers and the Butterfly Effect

    00:22:33 - Montagu Norman and Benjamin Strong

    00:32:06 - Émile Moreau

    00:34:48 - Japan

    00:38:11 - Benjamin Strong and the Great Depression

    00:48:55 - Great Financial Crisis

    00:51:18 - India

    00:55:25 - Jerome Powell the Central Banker

    00:58:23 - Outro

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    59 minutos
  • Will Luther and Josh Hendrickson on the Future of Bitcoin
    Aug 11 2025

    Will Luther is an associate professor of economics at Florida Atlantic University and a fellow at the Bitcoin Policy Institute. Josh Hendrickson is a professor of economics and the chair of the economics department at the University of Mississippi. Josh is also a fellow at BPI. Will and Josh return to the show to defend the idea of a strategic Bitcoin reserve, discuss the future of Bitcoin, and contend with the problem of Bitcoiners, and much more.

    Check out the transcript for this week’s episode, now with links.

    Recorded on June 25th, 2025

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    Follow Will Luther on X: @WilliamJLuther

    Follow Josh Hendrickson on X: @RebelEconProf

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    Timestamps

    00:00:00 - Intro

    00:01:39 - Strategic Bitcoin Reserve

    00:23:33 - Future of Bitcoin

    00:45:07 - Scaling Bitcoin

    00:50:46 - Outro

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    51 minutos