Torston Slok: What’s really going on with the economy?
larrykotlikoff.substack.com
Aug 16, 2022 • 55M
Torston Slok: What’s really going on with the economy?
Today we meet with Torston Slok and his son Flemming to discuss what’s really going on with the economy — not just the hype.
Appears in this episode
Larry Kotlikoff
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Join us as we discuss the following…
Is fear of a recession a self-fulfilling prophecy? In other words, if we all think a recession is going to happen, does that make it happen?
What do the data show regarding unemployment?
Where is inflation heading? Is it going up or down?
What’s psychology's role in economics in general?
And, lastly, what about climate change? Is that driving inflation as well?
Join us for these topics and more on Economics Matters Episode No.1.
This podcast, Economic Matters, is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff.
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Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic.
Torston Slok: What’s really going on with the economy?
Interesting pespective at the end of the podcast. Would an economist rather error on the side of saying there would be a recession or error on the side that there would not be a recession because we have strong demand for airline tickets and the overall supply system is improving. It appeared to be safer to say there would be a recession and if you are wrong then you won't look as bad if you predict there would not be a recession. Untill today, never thought of economics as political. Just thought economist look at the data and make a decision (right or wrong) based on their insight and facts at hand.
Virtually all the economists who speak publicly are politicians in drag.