Conversations With Tyler

Jason Furman on Productivity, Competition, and Growth

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Synopsis

Note: This conversation was recorded in January 2020. Tyler credits Jason Furman’s intellectual breadth, real-world experience, and emphasis on policy for making him the best economist in the world. Furman, despite not initially being interested in public policy, ultimately served as the chair of the Council of Economic Advisors under President Obama thanks to a call from Joe Stiglitz while still in grad school. His perspective is as idiosyncratic as his career trajectory, seeing the world of economic policy as a series of complex tradeoffs rather than something reducible to oversimplified political slogans. Jason joined Tyler for a wide-ranging conversation on how monopolies affect investment patterns, his top three recommendations to improve American productivity, why he’s skeptical of place-based development policies, what some pro-immigration arguments get wrong, why he’s more concerned about companies like Facebook and Google than he is Walmart and Amazon, the merits of a human rights approach to privacy