Jul 12, 2021
Skanda Amarnath is the executive director of Employ America and a former hedge fund economist. He rejoins Macro Musings to talk about the fate of the Phillips Curve, the inflation outlook, the Fed’s new framework, and his vision for a better monetary policy future. David and Skanda also discuss the Fed’s flawed assessment of maximum employment, how to modify the central bank’s Summary of Economic Projections, and the significance of capacity constraints vs labor utilization.
Transcript for the episode can be found here.
Skanda’s Twitter: @IrvingSwisher
Skanda’s Employ America archive: https://employamerica.org/author/skandaamarnath/
Skanda’s Medium profile: https://medium.com/@skanda_97974
*Beyond the Phillips Curve: A Dynamic Approach to Communicating Assessments of 'Maximum Employment'* by Skanda Amarnath and Alex Williams
David’s blog: macromarketmusings.blogspot.com
David’s Twitter: @DavidBeckworth