Bob Murphy Show

Ep. 245 Cutting Larry Summers Some Slack on His Labor Market Remarks


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Bob provides a qualified defense of Larry Summers' recent claim that high unemployment will be necessary to contain price inflation.

Mentioned in the Episode and Other Links of Interest:

  • The Summers interview featured in the audio clip. The Bloomberg article quoting Summers on how unemployment is necessary to fight inflation.
  • Robert Lucas' Nobel Prize lecture that explains the Phillips Curve.
  • The Jan 2022 debate between Krugman and Summers on inflation.
  • Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.



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Bob Murphy ShowBy Robert Murphy

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