Matt is joined by Mike Konczal, Director of Macroeconomic Analysis and Progressive Thought at the Roosevelt Institute and author of Freedom From the Market. They explore Jerome Powell’s tenure as Fed Chair, the relationship between interest rates and unemployment numbers, and ways to use monetary policy to create an equitable society. Resources: “Fed Up” by Matthew Yglesias (Democracy Journal; Spring 2011) “Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances” by Neil Bhutta et al. (The Federal Reserve; Sep 28, 2020 Guest: Mike Konczal (@rortybomb), Director, Roosevelt Institute Macroeconomic Analysis and Progressive Thought, Author, Freedom From the Market Host: Matt Yglesias (@mattyglesias), Slowboring.com Credits: Ness Smith-Savedoff, Producer & Engineer Erikk Geannikis, Producer, Talk Podcasts As the Biden administration gears up, we'll help you understand this unprecedented burst of policymaking. Sign up for The Weeds newsletter each Friday: vox.com/weeds-newsletter. The Weeds is a Vox Media Podcast Network production. Want to support The Weeds? Please consider making a contribution to Vox: bit.ly/givepodcasts About Vox Vox is a news network that helps you cut through the noise and understand what's really driving the events in the headlines. Follow Us: Vox.com Facebook group: The Weeds Learn more about your ad choices. Visit podcastchoices.com/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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