John Cochrane | Whither the Fed, boondoggles and the 2-year old with a hammer

In episode 103, Alex Proimos speaks with John Cochrane, Rose-Marie and Jack Anderson, a senior fellow at the Hoover Institution, Stanford University and author of the Grumpy Economist blog.

This episode discusses the bureaucratic overreach of the Federal Reserve and its lack of mandate to pursue economic equality and social justice. We discuss the concerns around global debt, MMT, inflation and the role of narrative management in economic and financial markets. The conversation also takes a critical look at central banks and their approach to addressing climate risk without considering the confounding factors.

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What the transformation of the labour market means to investors

Ageing populations in the west causing shrinking of the workforce, mismatches in jobs and qualifications, and the rise of new technology is all contributing to the transformation of the labour markets, according to PGIM’s latest megatrends report. Participant: • Jakob Wilhelmus, director at PGIM’s Thematic Research group Moderator: • Julia Newbould, managing editor at Conexus

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