It was produced by Dave Blanchard with help from Sam Yellowhorse Kesler.
This show was hosted by Jeff Guo and Nick Fountain. She gets into all of that, and how Jeff Goldblum shaped her career as an economist, in this episode. Recently we called her up to ask her why the economy is so difficult to understand in first place, and how she's trying to find answers anyway. She's a superstar economist who is a pioneer in the field of "empirical macroeconomics." She finds clever ways of using data to untangle some of the oldest mysteries in macroeconomics, about the invisible hand, the consequences of government spending, and the inner workings of inflation.
But even some macroeconomists themselves admit: While we have many theories about how the economy works, we have very few satisfying answers. Why do some economies grow so much faster than others? How long is the next recession going to last? How do we stop inflation without wrecking the rest of the economy? These questions are the domain of macroeconomics. : Planet Money When it comes to big questions about the economy, we're still kind of in the dark ages.
What is empirical macroeconomics? Emi Nakamura explains.
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