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goolsbee.bsky.social
Chicago diehard. President & CEO of the Chicago Fed, econ prof Chicago Booth School, former Chairman of the Council of Economic Advisers. I do not speak for the Fed or others on the FOMC
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7th District’s first Pope @chicagofed.bsky.social

Join us for Fed Listens tomorrow, May 9. Fed Listens is part of the Federal Reserve’s 2025 framework review, which focuses on monetary policy strategy, tools and communications. Watch live: www.chicagofed.org/events/2025/... x.com/messages/med...

May the 4th be with us, now more than ever.

@normornstein.bsky.social's beautiful and important remembrance of Paul Volcker. contrarian.substack.com/p/rememberin...

Happy Saturday!

Ugh. She was a great scholar and a lovely person. We will miss her good sense.

CALL FOR PAPERS🚨! The Federal Reserve Bank of Chicago will be hosting the inaugural meeting of the Annual Conference on Municipal Bond Markets on October 3-4, 2025. We invite submissions of unpublished and highly policy-relevant papers on the muni market. (1/4)

The worst kind of journal referee is the one that feels like they always need to write a certain amount The better your article gets the more persnickety they become It's OK to like something!

personally I think almost all referees feel pressured to recommend pointless changes and that a much larger number of papers should simply be accepted without edits bsky.app/profile/assu...

"If you start seeing market-based long-run inflation expectations start behaving the way these surveys have done in the last two months, I would view that as a major red flag area of concern." -Austan Goolsbee www.ft.com/content/09fb...

"Having the absolute highest standards of data quality, which the United States government statistical agencies have, is absolutely crucial,” @goolsbee.bsky.social, president of the Chicago Fed, told the @financialtimes.com this week. #DataInfrastructure #CountOnStats www.ft.com/content/57ef...

Happy Chonkday! Post weekend party eating…

After decades of stagnation, restaurant industry productivity surged after emergence from pandemic due in part to shorter customer dwell times, from Austan Goolsbee, Chad Syverson, Rebecca Goldgof, and Joe Tatarka https://www.nber.org/papers/w33555

New working paper, "The Curious Surge of Productivity in U.S. Restaurants," from Austan Goolsbee, Chad Syverson (Chicago Booth), Rebecca Goldgof, and Joe Tatarka. ow.ly/R3SU50VfJEX #EconSky #Productivity

In an interview, Austan Goolsbee says a situation in which inflation stays sticky while growth deteriorates is "on the radar screen" as a result of Trump's policies. "That’s a stagflationary impulse…There isn’t a generic answer to what you’re supposed to do." www.nytimes.com/2025/03/07/b...

[some-subscribed-rss] New Post: At the Money: Austan Goolsbee, Chicago Fed President on Tariffs, Inflation and Monetary Policy, by Barry Ritholtz https://ritholtz.com/2025/03/atm-austan-goolsbee-tariffs-inflation/

"It's extremely important when watching inflation to take a through line, not follow every blip up and down," Chicago Fed President Austan Goolsbee told AFP Wednesday. "In my mind, overall, the conditions have not changed." www.france24.com/en/live-news...

Some groups are working to archive and save government websites and data right now. Among them: WayBack Machine (my screengrab below is from) End of Term Crawl Harvard Law Library Innovation Lab ICPSR 19th News PolicyMap Public Environmental Data Partners Environmental Data & Governance Initiative

Incredible experience. @tracyalloway.bsky.social and I got to take a tour of the cash operations at the Federal Reserve Bank of Chicago, and watched and learned how billions of dollars of bills are secured, sorted, and shipped out to banks. podcasts.apple.com/us/podcast/h...

Buried lede: @goolsbee.bsky.social and the Chicago Fed vault!

NEW *SPECIAL* ODD LOTS This one's a bit different. @weisenthal.bsky.social and I go inside the vaults of the Chicago Fed, and take a tour of the bank's massive cash operations with @goolsbee.bsky.social podcasts.apple.com/us/podcast/h...

CNBC EXCLUSIVE: Key Census data taken down. www.cnbc.com/2025/02/06/s...

Fellowship Opportunity: The AEA Summer #Economics #Fellowship allows fellows to spend a summer in residence at a sponsoring research institution. The application portal is now open: www.aeaweb.org/committees/s... Application deadline: February 1, 2025. #Econsky

Once again, a natural disaster exposes the angry ignorance of how insurance works.

“I don’t understand what produce in the Central Valley has to do with fires in LA” this is the subject of one of the most famous movies ever made, in which it is explained to Jack Nicholson at length by the director of The Maltese Falcon

I have questions

Janet Yellen, at age 78, is about to step down. You might agree or disagree with the way she has helped manage the U.S. economy, as Treasury Sec, chair/vice chair/member of FedReserve and economist; chair Council Econ Advisors during Clinton and an academic. What is clear: wow. Real public service.

Sentiment indicators are broken, chapter 4,248: #UMich @bloomberg.com

Join us for the 31st Annual Automotive Insights Symposium 2/5-2/6 to learn about the 2025 outlook for auto production, sales, & more. We will have multiple panel discussions w/ leading industry experts and I will give a keynote. Register at bit.ly/3BwdgIC

@aeacswep.bsky.social announces Sandra E. Black as the 2024 Carolyn Shaw Bell Award winner! Visit aeaweb.org/about-aea/co... for the full announcement. Congratulations to @econsandy.bsky.social

Please join me in reporting @goolsbeee.bsky.social for impersonating @goolsbee.bsky.social.

…(a thread) we all have an emotional support dead famous person and who they are says a lot about you

Had to catch myself there for a second @paulgp.com

Just newly saw accounts on here today for two economists from whose work I have learned a lot! Robert Moffitt of JHU @ramoffitt.bsky.social and John List of UChicago @johnlist.bsky.social So glad they're here, #EconSky. Welcome!

Big thanks to @HorsleyScott, business and community leaders, and many others who joined us today at the @ChicagoFed's 38th Economic Outlook Symposium. Replay here: www.chicagofed.org/events/2024/...

how Chicago does gift giving: Maria Pappas gave Toni Preckwinkle one of her jackets (of jacket calendar fame). on @goolsbee.bsky.social's Christmas list? 2% inflation and a renewable membership to the Illinois Mycological Association gift story gift link: www.chicagotribune.com/2024/12/05/i...

New @FT big read with @valentinaromei & Will Crofton on why America’s economy is soaring ahead of its rivals US labour productivity has grown by 30% since the financial crisis, more than 3x the pace in the Eurozone/UK and far outstripping that of other advanced economies www.ft.com/content/1201...

Looking forward to today's @CrainsChicago Power Lunch, a discussion with Ann Dwyer on the Midwest economy. Livestream will be at 12:30 p.m. CT here: www.chicagofed.org/publications...

New valuable research paper out in Science Magazine. In eight studies (multiple platforms, methods, time periods) they found: misinformation evokes more outrage than trustworthy news, when it does it's shared more and people are even less likely to read before […] [Original post on mstdn.social]