ACCF Scholar Jason Furman
Former Chairman, Council of Economic Advisers
ACCF Scholar: The Fed Should Carefully Aim for a Higher Inflation Target
If it can stick to stabilizing the economy now, then it could start thinking long term in 2025.
ACCF Scholar: Inflation not ‘going away anytime soon’
Former Obama economist Jason Furman (ACCF Scholar) rejected any inflation happy talk on Tuesday and said it was not going away time soon.
Former Obama...
ACCF Scholar: ‘Everyone should wake up every morning figuring out how to get paid...
However reckless the British government, however botched its “mini” Budget, it alone cannot explain the fragile economic outlook. Interest rates are rising, financial markets...
ACCF Scholar: The Fed Has to Stay the Course Against Inflation
A growing chorus is urging the Federal Reserve to slow down lest it “break things.” If you’re paying attention, you should be nervous about...
ACCF Scholar: Even in a Hot Economy, Wages Aren’t Keeping Up With Inflation
Former CEA Chairman and ACCF Scholar Jason Furman says tight labor markets aren’t as good for workers as D.C. economists imagine. High demand raises prices, too.
Biden Can Whip Inflation and Build Back Better
Rising prices are a serious problem, but so are the chronic challenges that the bill aims to confront.
The U.S. economy faces multiple challenges. The...
A Reconsideration of Fiscal Policy in the Era of Low Interest Rates
Excerpt
November 30, 2020, Paper: "The last generation has witnessed an epochal decline in real interest rates in the United States and around the world...
Architect of Trump’s coronavirus stimulus plan says it’s too little, too late
By Dion Rabouin
The Trump administration's proposal to send Americans $1,000 checks is now too little, too late, the plan's architect tells Axios.
What happened: Trump...
The Case for a Big Coronavirus Stimulus
Given the mounting economic risks posed by the spread of the novel coronavirus, Congress should act swiftly but thoughtfully to pass fiscal stimulus. This...
Obama’s former adviser says Silicon Valley giants must release their iron grip on everyone’s...
Jason Furman, a Harvard economist and former adviser to Barack Obama, says the UK must strengthen its competition rules to prevent damaging mergers like Facebook's acquisition of Instagram.
The real reason you’re not getting a pay raise
The economy is growing strongly, the unemployment rate has been at or below 4.5 percent for 16 straight months, but wage growth remains disappointingly...
ACCF Scholar Jason Furman says U.S. economy may be growing faster than data shows
ACCF Scholar and Former Council of Economic Advisers Chair Jason Furman of Harvard University discusses the latest numbers measuring economic growth in the United...
The Economy Is Growing Faster Than the Government Says
The official top-line figure for the first quarter is 2%. A more accurate measure puts the rate at 2.8%.
Economy doing well but more to be worried about in Trump’s policies, former CEA...
Jason Furman, Peterson Institute and former CEA chairman, discusses the state of the U.S. economy under the Trump administration. CNBC's Steve Liesman and Tom...
Worry About the Trade Deficit—a Bit
There is a case for being concerned—though only modestly—about the U.S. trade deficit. The principal villain in this story is not China, Europe or...
‘Dear colleagues, please explain your letter to Steven Mnuchin’
Well-designed tax reform can make the economy stronger and careful economic analysis is essential. Careful analysis is well served by discussion and debate of these issues that is at least as frank and vigorous as what we are all accustomed to in the average economics seminar.