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Austan Goolsbee

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At the time of the formation of the euro, I would say most American economists said that’s not a good idea; that’s not a currency area that makes sense. And the answer from Europe was, ‘How is Missouri and Mississippi a currency area?’ But the flaw in that was not recognizing the importance of mobility.

Austan Goolsbee

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Austan Goolsbee

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This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

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Whenever I interview someone for a job, I always ask them whether they want to sit in Bernanke’s chair. The only wrong answer is, ‘Who’s Bernanke?’.

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April 21, 2024

Whenever I interview someone for a job, I always ask them whether they want to sit in Bernanke’s chair. The only wrong answer is, ‘Who’s Bernanke?’.

Previous

April 21, 2024

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

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