Rüdiger (Rudi) Bachmann is a Stepan Family Associate Professor of Economics at the University of Notre Dame. He joins the show to discuss the economic history of his native Germany. David and Rudi also discuss how the German approach to macroeconomics is distinctly different from the approach taken in the United States. David's blog: macromarketmusings.blogspot.com/ Rudi's Notre Dame webpage: https://www3.nd.edu/~rbachman/ David's Twitter: @DavidBeckworth Related links: Rudi on his work on economic uncertainty: https://www.youtube.com/watch?v=6XDlzBgf1uE NYT Upshot Article: "How Economists Came to Dominate the Conversation" http://www.nytimes.com/2015/01/24/upshot/how-economists-came-to-dominate-the-conversation.html?_r=0 Peter Bofinger's Vox EU article: "German Macroeconomics: The Long Shadow of Walter Eucken" http://voxeu.org/article/german-macroeconomics-long-shadow-walter-eucken

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