March 13, 2017

Macro Musings 48: Jason Furman on Fiscal Stimulus, the Platinum Coin, and Male Labor Force Participation

Hosted by David Beckworth of the Mercatus Center, Macro Musings is a new podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Jason Furman is a senior fellow at the Peterson Institute for International Economics. Previously, he served as the Chairman of the Council of Economic Advisers under President Obama. He joins the show to reflect on his time in the Obama Administration. Among other things, Jason and David discuss the efficacy of fiscal policy, the fiscal multiplier, and whether the platinum coin was ever seriously considered. They also discuss the problem of declining male labor force participation, its causes, and possible solutions.