Plain English with Derek Thompson
Experts Predicted a Recession This Year. How Were They So Wrong?
Tue, 08 Aug 2023
Today’s show is about what I consider the biggest mystery of the U.S. economy. Last year, economic experts predicted a recession in 2023 with more confidence than they’ve predicted any recession in decades. We ended up with what some people are calling immaculate disinflation: an economy with low unemployment, falling inflation, rising real wages, and narrowing inequality. Harvard economist Jason Furman joins the show to talk about why so many economists were so wrong and what their wrongness teaches us about how the economy works. If you have questions, observations, or ideas for future episodes, email us at [email protected]. Host: Derek Thompson Guest: Jason Furman Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices
No persons identified in this episode.
No transcription available yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster