Macrocast: When To Take Away The Punch Bowl

Tony, John, and Brendan are joined by Megan Greene, Senior Fellow at the Harvard Kennedy School and accomplished economist. The team breaks down the debate between "old school" economists, like Larry Summers, who think there is a single equilibrium and heterodox economists and the Biden administration, who argue there are multiple equilibria. The crew discusses how this debate is touching the markets, taxes, and debt.