Distinguished Clinical Professor @NYUStern. Author of When the President Calls (https://xitter.cf/t.co/tzvK8s0ZL1). Aberdeen, Cambridge, and St Andrews alum. Mackem.
New York City
Joined November 2019
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Happy to share the cover of my new book, Fed Reckoning: Conversations on America’s Central Bank (@yalepress, @YPFSatYale, Jan. 2027). A critical examination of the Federal Reserve, told by the policymakers, economists, and observers who know it best.
In The Conversation, Paul Wachtel and I remember Alan Greenspan, who died yesterday at 100. We draw on my interview with him and reveal a more complex and self-aware figure than his public reputation suggested.
theconversation.com/how-alan…
Simon Bowmaker retweeted
Big moment for Kevin Warsh- he's been wanting to come back to the Federal Reserve for years and, in particular, become Fed chair.
Warsh did't get the job during President Trump's first term when he was overlooked for Jerome Powell. He was just sworn in to become the next chairman of the Federal Reserve.
Here's how he and his allies made a push for a job Warsh has been gunning to have.
Story w/ @NickTimiraos
wsj.com/politics/policy/how-…
Simon Bowmaker retweeted
Kevin Warsh’s ascension to the top of the world’s most powerful central bank marks the culmination of a twisting professional and ideological odyssey, as @ianwardreports and I wrote in this profile of him earlier this year:
politico.com/news/magazine/2…
"Inflation comes from bad policy, not bad luck."
Pleased to see my interview with Kevin Warsh referenced in The Washington Post (@amacker), wapo.st/4vWecNA
From my forthcoming book, Fed Reckoning (Yale University Press).
Thanks to @crampell from @BulwarkOnline for including an excerpt from my interview with Kevin Warsh for my forthcoming book, Fed Reckoning (@yalepress, @YPFSatYale):
thebulwark.com/p/trump-fed-c…
Simon Bowmaker retweeted
"It was Kevin Warsh’s chance to prove his commitment to independence, and he failed."
Read all about it in the latest edition of Receipts from @crampell:
lnk.thebulwark.com/4sRnisu
Simon Bowmaker retweeted
now three Frisch medal winners sitting in stern econ
We are proud to share that our colleague @NiklasEngbom has been awarded the 2026 Frisch Medal by @ecmaEditors! 🏅
In today's The Conversation, Paul Wachtel and I examine how communication at the Federal Reserve may evolve under Kevin Warsh's leadership. The article draws on my interview with Warsh for my forthcoming book, Fed Reckoning (Yale University Press):
theconversation.com/trump-fe…
Simon Bowmaker retweeted
I would be remiss in not thanking @SimonBowmaker, who sent me an unreleased interview he did with Warsh for his forthcoming book (which I believe is coming out early next year), and it gave us a ton of color to work with!
The odds seem stacked against Kevin Warsh, but the carefully crafted career path he has traveled up to this point suggests he is perhaps uniquely situated to pull off being Trump’s Fed chair
A portrait of him, by me & the very talented @ianwardreports
politico.com/news/magazine/2…
Thanks to Nick Timiraos (@NickTimiraos) for citing my interview with Kevin Warsh from my forthcoming book, Fed Reckoning: Conversations on America's Central Bank (@yalepress, @YPFSatYale):
wsj.com/politics/policy/how-…
Simon Bowmaker retweeted
How the Fed makes decisions: Disagreement, beliefs, and the power of the Chair cepr.org/voxeu/columns/how-f… a través de @cepr_org
Fun story from Scott Alvarez, ex-Fed general counsel, about Jay Powell when he was at the Treasury. Seems Powell wanted the Fed job all along!
Simon Bowmaker retweeted
Ben Bernanke and Janet Yellen on why the independence of the Fed matters: a (very) short video. via @brookings.edu youtu.be/xeIAlIEzlI8
Simon Bowmaker retweeted
The turn away from free trade has been a major shift. In this episode of the Office Hours Podcast economists @TimTkehoe and @ChrisPhelanEcon share differing perspectives on how the President’s approach to trade policy is playing out for the United States.
open.spotify.com/episode/6eB…
Simon Bowmaker retweeted
Echoes of the 1970s. Switzerland pioneered negative interest rates in the 70s after the US suspended dollar convertibility into gold, the RoW questioned the dollar's reserve currency status and capital inflows into CH caused the franc to appreciate.
h/t to @m_maggiori who spoke about this at the Hoover conference on monetary policy last Friday.
Simon Bowmaker retweeted
Happy birthday F.A. Hayek, born on this day in 1899.
It is a good opportunity to read or reread his essay “The Use of Knowledge in Society”, which @tylercowen called “the single greatest economics article ever written.”
econlib.org/library/Essays/h…
