Economic Forecasting Challenges

Austan emphasizes the unpredictability of supply shocks on economic metrics, cautioning against overshooting targets. Joe discusses the debate around achieving a soft landing and the role of supply side healing versus demand mitigation in managing inflation.

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Odd Lots
Austan Goolsbee on the 'Golden Path' to a Soft Landing
Related Questions
- Why are economists fearful of the recent trend in the unemployment rate as discussed in the episode Prof G Markets: Virgin Galactic is Going to Zero, Stock as Collateral + Instacart & the IPO Market and the clip Upcoming Economic Indicators?