David Beckworth
- Senior Research Fellow
David Beckworth is a senior research fellow at the Mercatus Center at George Mason University and a former international economist at the US Department of the Treasury. He is the author of Boom and Bust Banking: The Causes and Cures of the Great Recession. His research focuses on monetary policy, and his work has been cited by the Wall Street Journal, the Financial Times, the New York Times, Bloomberg Businessweek, and the Economist. He has advised congressional staffers on monetary policy and has written for Barron’s, Investor’s Business Daily, the New Republic, the Atlantic, and National Review. David also hosts the weekly Macro Musings podcast.
Latest Work
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Brian Riedl on the Current and Future Outlook for US Public Finance and Budget Reform
As the US continues to face higher interest rates, ballooning public debt, and runaway entitlement spending, budget reform must become a top policy priority.
- | Monetary Policy Monetary Policy
- | Data Visualizations Data Visualizations
Measuring Monetary Policy: the NGDP Gap
- | Monetary Policy Monetary Policy
- | TV Appearance TV Appearance
Today’s Fed Decision on Interest Rates | MSNBC's "Meet the Press Now"
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Fed Has Overseen a Remarkable Transfer of Wealth From Bondholders to Taxpayers | Barron's
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Steven Kelly on the Silicon Valley Bank Collapse and Its Implications for Financial Policy
As the Fed and regulators deal with the Signature and Silicon Valley Bank failures, the future of financial stability policy now hangs in the balance.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Derek Tang on the Present and Future Landscape for Fed Policy and Politics
From personnel changes to the next framework review, the Fed has a lot on its plate for the remainder of 2023 and beyond.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Joey Politano on Fed Policy, Inflation, and the Current State of the US Economy
Despite a clear period of economic slowdown and ongoing inflationary pressures, the immediate threat of a recession in the US has slowly continued to wane.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Peter Conti-Brown on the Legal and Regulatory Issues Facing the Fed and Financial Markets
In order to maintain its legitimacy and independence as an institution, the Fed must remain detached from the partisanship of the political arena.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
David Wilcox on the Debt Ceiling Crisis and the Crippling Costs of Default
The short-term consequences of breaching the debt ceiling would not only be disastrous, but would also cause economic damage for years to come.
Latest Work
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Brian Riedl on the Current and Future Outlook for US Public Finance and Budget Reform
As the US continues to face higher interest rates, ballooning public debt, and runaway entitlement spending, budget reform must become a top policy priority.
- | Monetary Policy Monetary Policy
- | Data Visualizations Data Visualizations
Measuring Monetary Policy: the NGDP Gap
- | Monetary Policy Monetary Policy
- | TV Appearance TV Appearance
Today’s Fed Decision on Interest Rates | MSNBC's "Meet the Press Now"
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Fed Has Overseen a Remarkable Transfer of Wealth From Bondholders to Taxpayers | Barron's
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Steven Kelly on the Silicon Valley Bank Collapse and Its Implications for Financial Policy
As the Fed and regulators deal with the Signature and Silicon Valley Bank failures, the future of financial stability policy now hangs in the balance.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Derek Tang on the Present and Future Landscape for Fed Policy and Politics
From personnel changes to the next framework review, the Fed has a lot on its plate for the remainder of 2023 and beyond.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Joey Politano on Fed Policy, Inflation, and the Current State of the US Economy
Despite a clear period of economic slowdown and ongoing inflationary pressures, the immediate threat of a recession in the US has slowly continued to wane.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Peter Conti-Brown on the Legal and Regulatory Issues Facing the Fed and Financial Markets
In order to maintain its legitimacy and independence as an institution, the Fed must remain detached from the partisanship of the political arena.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
David Wilcox on the Debt Ceiling Crisis and the Crippling Costs of Default
The short-term consequences of breaching the debt ceiling would not only be disastrous, but would also cause economic damage for years to come.
Latest Work
- | Monetary Policy Monetary Policy
- | Data Visualizations Data Visualizations
Measuring Monetary Policy: the NGDP Gap
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q4 2022
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q3 2022
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
The Fate of FAIT: Salvaging the Fed’s Framework
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q2 2022
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q1 2022
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
What Would Milton Friedman Say about Financial Stability?
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q4 2021
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q3 2021
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q2 2021
Latest Work
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Brian Riedl on the Current and Future Outlook for US Public Finance and Budget Reform
As the US continues to face higher interest rates, ballooning public debt, and runaway entitlement spending, budget reform must become a top policy priority.
- | Monetary Policy Monetary Policy
- | TV Appearance TV Appearance
Today’s Fed Decision on Interest Rates | MSNBC's "Meet the Press Now"
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Steven Kelly on the Silicon Valley Bank Collapse and Its Implications for Financial Policy
As the Fed and regulators deal with the Signature and Silicon Valley Bank failures, the future of financial stability policy now hangs in the balance.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Derek Tang on the Present and Future Landscape for Fed Policy and Politics
From personnel changes to the next framework review, the Fed has a lot on its plate for the remainder of 2023 and beyond.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Joey Politano on Fed Policy, Inflation, and the Current State of the US Economy
Despite a clear period of economic slowdown and ongoing inflationary pressures, the immediate threat of a recession in the US has slowly continued to wane.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Peter Conti-Brown on the Legal and Regulatory Issues Facing the Fed and Financial Markets
In order to maintain its legitimacy and independence as an institution, the Fed must remain detached from the partisanship of the political arena.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
David Wilcox on the Debt Ceiling Crisis and the Crippling Costs of Default
The short-term consequences of breaching the debt ceiling would not only be disastrous, but would also cause economic damage for years to come.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Julie Hill on the History and Recent Developments of Fed Master Accounts
From the Narrow Bank to Custodia, the use of Fed master accounts is quickly becoming an important hot topic in the realm of monetary and financial policy.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Macro Lit Review 3: Highlights from Early 2023 with George Selgin
George Selgin rejoins David Beckworth to talk about a wide range of important macro developments.
Latest Work
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Fed Has Overseen a Remarkable Transfer of Wealth From Bondholders to Taxpayers | Barron's
- | Expert Commentary Expert Commentary
Fed is 'Hellbent' on Slowing Inflation | Fox Business Network
- | Expert Commentary Expert Commentary
The Causes and Cure of the 2021-2022 Inflation Surge | Discourse
- | Expert Commentary Expert Commentary
The Fed’s Amazing Journey | City Journal
- | Monetary Policy Monetary Policy
- | Feature Feature
Mercatus Symposium | What Would Milton Friedman Say?
- | Expert Commentary Expert Commentary
The Inflation Surge Is Coming to an End | Discourse
- | Expert Commentary Expert Commentary
The Fed | CNBC World
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
A Better Way to Gauge Economic Performance
New research on NGDP Gap measurement can inform better macroeconomic policy
