Skanda Amarnath is the executive director of Employ America and a former hedge fund economist. He rejoins Macro Musings to talk about the fate of the Phillips Curve, the inflation outlook, the Fed\u2019s new framework, and his vision for a better monetary policy future. David and Skanda also discuss the Fed\u2019s flawed assessment of maximum employment, how to modify the central bank\u2019s Summary of Economic Projections, and the significance of capacity constraints vs labor utilization.
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Transcript for the episode can be found here.
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Skanda\u2019s Twitter: @IrvingSwisher
Skanda\u2019s Employ America archive: https://employamerica.org/author/skandaamarnath/
Skanda\u2019s Medium profile: https://medium.com/@skanda_97974
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Related Links:
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*Beyond the Phillips Curve: A Dynamic Approach to Communicating Assessments of 'Maximum Employment'* by Skanda Amarnath and Alex Williams
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David\u2019s blog: macromarketmusings.blogspot.com
David\u2019s Twitter: @DavidBeckworth