Austan Goolsbee on Central Banking as a Data Dog

Conversations with Tyler is produced by the Mercatus Center at George Mason University, bridging the gap between academic ideas and real-world problems. Learn more at Mercatus.org. For a full transcript of every conversation, enhanced with helpful links, visit conversationswithtyler.com. Hello everyone and welcome back to Conversations with Tyler. Today I'm very happy to be chatting with Austin Goolsby.

Austin is one of my favorite economists. He always thinks like an economist, is how I would put it. He has had a long-standing teaching post at the University of Chicago, served in the Obama administration, and now is president of the Chicago Fed. Austin, welcome. Tyler, thank you for having me and what a treat for me this is.

I I really appreciate it. What is it in academic macroeconomics or just economics that you found surprisingly useful being a Fed president? I was a data guy, as you know, in the in the field of economics. And as soon as I got there, there's all this pressure of from the press and from others, are you a dove?

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