Hosted by David Beckworth of the Mercatus Center, Macro Musings pulls back the curtain on the important macroeconomic issues of the past, present, and future.
…
continue reading
David Beckworth Podcasts

1
Marc Giannoni on the Fed’s Framework Review, it’s Independence, and the Future of R-Star
56:29
56:29
Play later
Play later
Lists
Like
Liked
56:29Marc 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, …
…
continue reading

1
Samim Ghamami on the Treasury Markets Impact on the Future Path of Interest Rates and Inflation
48:46
48:46
Play later
Play later
Lists
Like
Liked
48:46Samim 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 Subscribe to …
…
continue reading

1
Jerry Dwyer on the History of Free Banking and the Future of Bitcoin
56:25
56:25
Play later
Play later
Lists
Like
Liked
56:25Jerry 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 …
…
continue reading

1
Hester Peirce on the role of the SEC, Financial Surveillance, and Crypto
47:45
47:45
Play later
Play later
Lists
Like
Liked
47:45Hester 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 perspec…
…
continue reading

1
Robin Brooks on the Dollar, Fiscal Dominance, and Geoeconomics
56:04
56:04
Play later
Play later
Lists
Like
Liked
56:04Robin 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.…
…
continue reading

1
Aditi Sahasrabuddhe on the Role Central Banker Relationships Play in Economic Crises
59:04
59:04
Play later
Play later
Lists
Like
Liked
59:04Aditi 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 par…
…
continue reading

1
Will Luther and Josh Hendrickson on the Future of Bitcoin
51:26
51:26
Play later
Play later
Lists
Like
Liked
51:26Will 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 Bitc…
…
continue reading

1
Rashad Ahmed on the Global Impact of US Stablecoin Regulation and Crypto Adoption
57:33
57:33
Play later
Play later
Lists
Like
Liked
57:33Rashad Ahmed is a former Treasury and Office of the Comptroller of the Currency financial economist and is currently an economist at the upstart Andresen Institute for Finance and Economics. In Rashad’s first appearance on the show, he discusses the real-world impacts of the GENIUS Act, what US stablecoin regulation means for the rest of the world,…
…
continue reading

1
Paul Kupiec on Problems with the Fed’s Balance Sheet and Calls to End Interest on Reserves
50:50
50:50
Play later
Play later
Lists
Like
Liked
50:50Paul Kupiec is a senior fellow at the American Enterprise Institute. In Paul’s first appearance on the show, he discusses life at a think tank, the insolvency of the Fed, theories on how to fix the Fed’s balance sheet, Ted Cruz’s call to end interest on reserves, and much more. Check out the transcript for this week’s episode, now with links. Recor…
…
continue reading

1
George Hall on the Fiscal Consequences of the US War on COVID
52:51
52:51
Play later
Play later
Lists
Like
Liked
52:51Check out David's Substack: Macroeconomic Policy Nexus for a special 500th episode post! George Hall is a professor of economics at Brandeis University and formerly worked as an economist at the Chicago Federal Reserve Bank. George returns to the show to discuss the current fiscal status of the US, how the Big Beautiful Bill will impact the fiscal …
…
continue reading

1
Ben Harris on the Fiscal Health of the US Government
55:39
55:39
Play later
Play later
Lists
Like
Liked
55:39Ben Harris served in numerous high-ranking roles as a public sector economist and is now the vice president and director of economic studies at the Brooking Institution. In Ben’s first appearance on the show, he discusses the fiscal health of the US government, including the rising primary deficient, the impact of the Big Beautiful Bill, the propos…
…
continue reading

1
Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro
56:46
56:46
Play later
Play later
Lists
Like
Liked
56:46Luis Garicano is a former member of the European Parliament and a professor at the London School of Economics. In Luis’s first appearance on the show he discusses his new book, Crisis Cycle: Challenges, Evolution, and the future of the Euro, the ever-changing landscape of digital money, his suggested reforms to the Euro, and much more. Check out th…
…
continue reading

1
Mark Blyth on the Winners and Losers from Inflation
1:02:41
1:02:41
Play later
Play later
Lists
Like
Liked
1:02:41Mark 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. Re…
…
continue reading

1
Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems
50:34
50:34
Play later
Play later
Lists
Like
Liked
50:34Sam 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 …
…
continue reading

1
Andy Levin on the Importance of an Independent Inspector General at the Federal Reserve - BONUS
20:02
20:02
Play later
Play later
Lists
Like
Liked
20:02Andy 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 ep…
…
continue reading

1
Matthew Pines on the Future of Money, AI, and Monetary Policy
53:08
53:08
Play later
Play later
Lists
Like
Liked
53:08Sign up for the Bitcoin Policy Summit with our special Macro Musings Discount Code! Matthew Pines is the executive director of the Bitcoin Policy institute. Matthew returns to the show to discuss the future of Bitcoin as a strategic reserve, US stablecoin regulation, geopolitics under Trump, monetary policy at the Fed, and much more. Check out the …
…
continue reading

1
Peter Conti-Brown and Sean Vanatta on the History of Bank Supervision in America
1:03:28
1:03:28
Play later
Play later
Lists
Like
Liked
1:03:28Peter Conti-Brown is a historian and legal scholar of the Federal Reserve System, and an associate professor at the Wharton School of Business at the University of Pennsylvania. Sean Vanatta is a senior lecturer in financial history and policy at the University of Glasgow. Peter and Sean join the show to discuss their new book titled: Private Finan…
…
continue reading