Remembering Economist and Former Fed Nominee Marvin Goodfriend

The transcript discusses the conservative economic thought, focusing on Marvin Goodfriend's influence and his role in shaping inflation policy. It highlights the intellectual debates around inflation, particularly during the 1970s, and Goodfriend's controversial paper on negative interest rates. The discussion also touches on the future of economic leadership and the potential for inflation, with references to key figures like Paul Krugman and Charles Evans.

What was the intellectual architecture that emerged in response to inflation concerns in the 50s and 60s?

How did Jeff Lacker's comments reflect the intellectual debates surrounding inflation?

In what ways did the views of Paul Krugman and Marvin Goodfriend differ regarding inflation?

What implications does the current low inflation environment have for conservative economists?

What role did Marvin Goodfriend play in the discussions about inflation and monetary policy?