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Lawrence Schmidt

👤 Speaker
3 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
Why higher productivity doesn't equal wage growth

And putting him at the Fed was Nixon's effort to draw the Fed much, much closer to presidential prerogatives.

442.46 View full episode →
Marketplace All-in-One
Why higher productivity doesn't equal wage growth

Bush made quite a show of antagonizing the Fed during the 1988 presidential election and really viewing Alan Greenspan as keeping interest rates too high.

Marketplace All-in-One
Why higher productivity doesn't equal wage growth

But in many instances, it will change what we are doing rather than eliminate the job entirely.