We face no shortage of extraordinary headlines and timely issues that will affect not just our domestic economy but the economy globally. The question, of course, is how?
The Greek bailout package. An historic nuclear deal with Iran. A collapsing Chinese stock market.
Domestically, other questions: Rising inequality. Job growth without wage growth. The minimum wage battle inside city limits. The pending first Fed rate increase in years.
Any one of these alone would have a significant effect on the global economy – and the businesses that compete every day. All of them at the same time, well, we need some help to make sense of that.
To provide that help, Austan Goolsbee, former Chairman of the Council of Economic Advisers and current Gwinn Professor of Economics at The University of Chicago’s Booth School of Business. Goolsbee is well-known not only for his insights and intelligence, but also his humor and wit. He’s been called one of the 100 Global Leaders for Tomorrow by the World Economic Forum, one of the six “Gurus of the Future” by the Financial Times, as well as D.C’s Funniest Economist. He released several must-see White House YouTube videos on the economy and made six appearances on Jon Stewart’s Daily Show. We’ll get to the funny, but let’s start with the substance…