Mark Blyth is a professor of international economics at Brown University. In Mark’s first appearance on the show, he discusses his new book Inflation: A Guide for Users and Losers, the concept of angrynomics, a new way to look at price controls, demographic decline, and much more.

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

Recorded on June 4th, 2025

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Timestamps

00:00:00 - Intro

00:00:50 - Angrynomics

00:03:56 - Motivation for ‘Inflation: A Guide for Users and Losers’

00:08:27 - Five Things They Don’t Tell You About Inflation

00:14:32 - Good, Bad, and Ugly Inflation

00:18:14 - Interest Rates and Inflation

00:21:33 - Price Controls

00:26:13 - Stories About Inflation

00:35:03 - Hyperinflation

00:42:24 - Pandemic Inflation

00:58:00 - Disinflation, China, and Demographic Decline

01:00:30 - Recommendations for Policymakers

01:02:00 - Outro

Sam Schulhofer-Wohl is a senior vice president and the senior advisor to President Lorie Logan of the Federal Reserve Bank of Dallas. Sam returns to the show to discuss recent macroeconomic conferences in the context of changes in the Treasury market and with central bank operating systems around the globe.

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

Recorded on May 27th, 2025

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Timestamps

00:00:00 - Bumper

00:00:20 - Intro

00:01:19 - Monetary Policy Conferences

00:03:15 - Role of Nonbank Institutions in the Treasury and Money Markets

00:07:48 - Central Clearing

00:33:19 - Operating Systems in Central Banks

00:49:52 - Outro

Andy Levin is an advisor to many central banks around the world and professor of economics at Dartmouth College. Andy returns to the show for a special bonus episode to discuss his pervious appearance and accompanying policy brief where he calls for an independent inspector general at the Federal Reserve.

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

Recorded on June 10th, 2025

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Timestamps:

(00:00:00) – Intro

(00:01:48) – Federal Reserve and an Independent Inspector General

(00:06:50) – Palace of Versailles on the Mall

(00:16:20) – Accountability of the Fed

(00:19:21) – Outro