Video

The Problems with Low Inflation (VIDEO)

By and ·December 18, 2019
Fletcher School, Tufts University, and Wellesley College
This conversation was recorded on August 1, 2019.

Inflation has gone from being a threat to the economy because it was too high in the 1970s, to being a source of concern today because it is too low. Since 2012, the U.S. Federal Reserve has been persistently unable to lift inflation to reach its 2% target. Why

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The Costs of Tariffs (VIDEO)

By and ·November 24, 2019
Fletcher School, Tufts University and Harvard University
This conversation was recorded on August 1, 2019.

Politicians often advocate for tariffs in an effort to protect jobs in a particular industry, such as those of steel workers. But positive employment effects are frequently muted, and can be outweighed by job losses -- for instance at companies that use steel as

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Should the Government Subsidize Exporters? (VIDEO)

By and ·October 29, 2019
Fletcher School, Tufts University and Harvard University
This conversation was recorded on August 1, 2019.

Only a very small share of U.S. companies export. The Department of Commerce puts the figure at 1% when looking at all incorporated firms across all sectors. Even in manufacturing, where exports are more important and firms on average are substantially larger, only

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Understanding the Low Inflation and Low Unemployment in Today’s Economy (VIDEO)

By and ·October 21, 2019
Harvard Kennedy School, and The Fletcher School, Tufts University
This conversation was recorded on August 1, 2019.

The U.S. economy is in its longest expansion on record. As unemployment touches historic lows, a striking feature of this expansion is that contrary to what economic theory would predict, inflation too remains strangely low. Megan Greene (Harvard) and Michael Klein,

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Measuring How Well the Economy is Doing (VIDEO)

By and ·September 30, 2019
Fletcher School, Tufts University and Wellesley College
This conversation was recorded on August 1, 2019.

What tools do economists have to measure how well an economy is doing? Michael Klein, Executive Editor of EconoFact and Dan Sichel (Wellesley) highlight the advantages, as well as the drawbacks of focusing on gross domestic product (GDP) - a measure of the value

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