David Beckworth and producer Sam Alburger dive into the last year of Macro Musings. They discuss David's foray into Substack, their favorite episodes of the year, the most popular episodes of 2025, David's push for NGDP targeting, this year's most hotly contested episode, how the year 2025 will be remembered in macro history, and much more. Check out the transcript for this week's episode, now with links. Recorded on December 10th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel Timestamps 00:00:00 - Intro 00:01:16 - Macroeconomic Policy Nexus 00:12:24 - David's All-Star AI FOMC 00:14:46 - Most Entertaining Economist Debate 00:16:46 - Underrated or Favorite Episodes 00:24:30 - Most Popular Episodes 00:26:15 - The Push for Nominal GDP Targeting 00:32:10 - Accountability at the Fed 00:36:23 - Bitcoin Policy Summit 00:40:28 - Macro Musings at the Atlanta Federal Reserve 00:44:32 - Review of 2024 in Macro 00:47:17 - Macro in 2025 00:51:40 - Thank You 00:55:48 - Outro

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

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