634. “Fault-Finder Is a Minimum-Wage Job”
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Austan Goolsbee, president of the Federal Reserve Bank of Chicago, is less reserved than the average banker. He explains why vibes are overrated, why the Fed’s independence is non-negotiable, and why tariffs could bring the economy back to the Covid era.

• SOURCES:

• Austan Goolsbee), president and chief executive officer of the Federal Reserve Bank of Chicago.

• RESOURCES:

• "Internet Rising, Prices Falling: Measuring Inflation in a World of E-Commerce)," by Austan Goolsbee and Peter Klenow (American Economic Association Papers and Proceedings, 2018).

• Microeconomics)*, *by Austan Goolsbee, Steven Levitt, and Chad Syverson (2012).

• "Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry)," by Jeffrey Brown and Austan Goolsbee (Journal of Political Economy, 2002).

• Survey of Consumers) (University of Michigan).

• Adobe Digital Price Index).

• EXTRAS:

• "Was Austan Goolsbee’s First Visit to the Oval Office Almost His Last?)" by *People I (Mostly) Admire *(2022).

• "Is $2 Trillion the Right Medicine for a Sick Economy?)" by *Freakonomics Radio *(2020).

• "Fed Up,)" by *Freakonomics Radio *(2019).

• "Why the Trump Tax Cuts Are Terrible/Awesome (Part 2))" by *Freakonomics Radio *(2018).

• "Ben Bernanke Gives Himself a Grade)," by *Freakonomics Radio *(2015).

• "Should the U.S. Merge With Mexico?)" by *Freakonomics Radio *(2014).