Kyla Scanlon on the Vibecession, the Vibe Economy, and the Path to Growing American Wealth

Published: Aug. 12, 2024, 4:01 a.m.

Kyla Scanlon is the founder of Bread, a financial education company where she brings economics to a wide and often younger audience, and is also the author of the book,\xa0*In This Economy? How Money and Markets Really Work.* Kyla joins David on Macro Musings to talk about a wide range of economic issues, including the case nominal GDP targeting, the basics of the \u201cVibecession\u201d and the vibe economy, how to further build American wealth, and more.

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Transcript for this week\u2019s episode.

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Kyla\u2019s Twitter: @kylascan

Kyla\u2019s website

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Related Links:

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*In This Economy? How Money and Markets Really Work* by Kyla Scanlon

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*Less Than Zero: The Case for a Falling Price Level in a Growing Economy* by George Selgin

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Timestamps:

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(00:00:00) \u2013 Intro

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(00:01:06) \u2013 Kyla\u2019s Academic and Professional Path

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(00:15:20) \u2013 Flipping the Macro Musings Script: David\u2019s NGDP Targeting Pitch

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(00:30:52) \u2013 Breaking Down the \u201cVibecession\u201d and the Vibe Economy

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(00:34:41) \u2013 The Housing Side of a Vibe Economy

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(00:38:54) \u2013 The Path to Growing American Wealth

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(00:41:40) \u2013 The Issue of Population Growth

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(00:44:15) \u2013 Gen Z\u2019s Interest in Macroeconomics

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(00:47:52) \u2013 How Should We Think About Labor Market Indicators?

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(00:50:51) \u2013 Outro