Even when the economy is booming and unemployment is low, millions of Americans still face economic hardship. And in the last few years the United States has dealt with supply chain challenges, inflation and financial instability. The economic tools we have to identify, address and talk about those problems aren’t always up to the task, and sometimes the picture we get is hard to match with reality. Gene Ludwig is a longtime financial advisor to Wall Street, and founder of the Ludwig Institute for Shared Economic Prosperity. His organization aims to help middle and low-income families achieve prosperity, in part by developing new headline statistics for economic data that bring us closer to truly understanding Americans’ experiences. Ludwig joins Heather Boushey from Biden’s Council of Economic Advisors on stage at the Aspen Institute, for a conversation about how to truly invest in American industry from the ground up. What principles and policies will help achieve national security and a strong economy that supports workers? Gillian Tett, U.S. editor-at-large of Financial Times, moderates the conversation.

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