George Hall is a professor of economics at Brandeis University, and was formerly an economist at the Chicago Federal Reserve Bank. In this bonus segment from the previous conversation, George rejoins the podcast to talk about how the US handled the surge in debt resulting from World War II, how COVID changed government financing, his thoughts on the debt ceiling crisis, and more. Transcript for the episode can be found here. George's Twitter: @George_J_Hall George's Brandeis profile David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings Click here for the latest Macro Musings episodes sent straight to your inbox! Check out our new Macro Musings merch here! Related Links: *Brief History of US Debt Limits Before 1939* by George Hall and Thomas Sargent *Financing Big US Federal Expenditures Surges: COVID-19 and Earlier US Wars* by George Hall and Thomas Sargent *Debt and Taxes in Eight U.S. Wars and Two Insurrections* by George Hall and Thomas Sargent

Ask this episode

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