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Understanding the Sahm Rule (with economist Claudia Sahm)

Understanding the Sahm Rule (with economist Claudia Sahm)

FromPitchfork Economics with Nick Hanauer


Understanding the Sahm Rule (with economist Claudia Sahm)

FromPitchfork Economics with Nick Hanauer

ratings:
Length:
42 minutes
Released:
Nov 21, 2023
Format:
Podcast episode

Description

Mainstream economists have been predicting a recession on the horizon for over a year, with some doomsayers even making up something called “a non-recession recession” to characterize the state of the economy. There’s no better person to cut through all this bluster and nonsense than the creator of one of the most reliable economic indicators created in the last few decades: the Sahm Rule, which aims to predict and track recessions in real time. Former Federal Reserve economist Claudia Sahm joins the podcast to walk us through the Sahm Rule’s methodology and explains how it utilizes timely data to provide early warnings of economic downturns, offering policymakers, businesses, and individuals a valuable tool for proactive decision-making.

Claudia Sahm is an esteemed economist and policy expert who has served as director of macroeconomic policy at the Washington Center for Equitable Growth, Senior Economist at the Federal Reserve, and economist for the White House Council of Economic Advisers under President Obama. She’s known for her contributions to macroeconomics and the development of the Sahm Rule, her research on monetary policy, labor markets, and macroeconomic stabilization has made her a trusted advisor and consultant to policymakers and organizations seeking evidence-based insights.

Twitter: @Claudia_Sahm

Claudia Sahm Substack: https://stayathomemacro.substack.com/ 

‘We do not need a recession, but we may get one’: https://www.ft.com/content/3213f700-26a7-4d84-aca0-d7cc5bf11484 

Nick's new book, Corporate Bullsh*t, is out now! https://www.corporatebsbook.com

Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
Released:
Nov 21, 2023
Format:
Podcast episode

Titles in the series (100)

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.