The Fed's Responsibility | The Weekly Show with Jon Stewart share.google/JF9bSex6aA6h...

The Fed's Responsibility | The Weekly Show with Jon Stewart

Austan Goolsbee, President of the Federal Reserve Bank of Chicago e...

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Jon welcomes Austan Goolsbee, President of the Federal Reserve Bank of Chicago, to try and make sense of our uncertain economic moment and the future. New podcast out now! @goolsbee.bsky.social

U.S. restaurants saw productivity grow 15% during COVID and why it's stayed high since. Just Accepted new paper by Austan Goolsbee @goolsbee.bsky.social Chad Syverson Rebecca Goldgof, and Joe Tatarka zurl.co/nNnDo

The Curious Surge of Productivity in U.S. Restaurants

Abstract. After remaining flat for decades, labor productivity at U.S. restaurants surged 15% during the COVID pandemic. The surge has persisted. We

zurl.co

The idea of Stack the Week is that we try to collect news of the week that might have flown by and for those things that everyone was covering, STW (as no one calls it) seeks to add context and connection to larger themes. open.substack.com/pub/johnfdic...

Stack the Week

May 18th to May 22nd

open.substack.com

Gadi Barlevy will become the executive vice president and director of research at the Chicago Fed, starting in June. For more than two decades, he has been a leading researcher at the Chicago Fed, serving currently as senior economist and economic advisor. bit.ly/49Iw2dp

The fundamental limit on use of LLMs to increase productivity? Insufficient incentives for humans in the loop. Humans with low incentives use AI to produce slop. And without humans, the productivity gains from AI are fairly limited to specific domains (like coding).

books: the rectangle that can’t send you push notifications. Try: books.

The Chicago Fed Real-Time Unemployment Rate Forecast for March is 4.49%, up slightly from the BLS value for the previous month. www.chicagofed.org/research/dat...

In our exclusive interview with Austan Goolsbee, he commented on Kevin Warsh, Trump’s nominee for Fed chair: “I have a lot of respect for him. He’s a person who knows the importance of Fed independence.”

Austan Goolsbee on the Future of the Fed

The president and CEO of the Federal Reserve Bank of Chicago discusses the possibility of more interest rate cuts and the effects of tariffs and AI on the economy.

buff.ly

@goolsbee.bsky.social 🫡

Black Onyx Allstars doesn't do second place. The South Side program continues to dominate at regional and national cheerleading competitions, with 18 wins since 2024.

A team of girls from Chicago's South Side is dominating competitive cheerleading

chicago.suntimes.com

Tell me you are not from the Midwest without saying you are not from the Midwest

The Minstrel of Horror@minstrelofhorror.bsky.social · 5mo ago

Re-Watching Kingdom of the Spiders (1977)! I'm pretty sure if a mound of dirt appeared in my yard swarming with tarantulas, I would not try to take care of it myself...Unless of course, when the powers that be come and decide to study it & not remove it. Then I'd take a swing at it myself!

The Chicago Fed Real-Time Unemployment Rate Forecast for February is 4.28%, so not likely to be much different from the BLS’s official reading last month. www.chicagofed.org/research/dat...

Chicago Fed President @goolsbee.bsky.social strikes an optimistic tone on the US economy, but notes inflation has gotten stuck—additional rate cuts hinge on seeing actual progress that inflation is heading back to 2% #NABE2026 @nabe-econ.bsky.social

This is a problem:

Brenda Langstraat Bui, who served as CEO of the Chicago Public Library Foundation, died at her home in the West Loop Friday evening, the foundation announced Monday. She was 52.

Brenda Langstraat Bui, CEO of Chicago Public Library Foundation, dies at 52

chicago.suntimes.com

Austan Goolsbee can tell you why the Fed’s haters are wrong. slate.trib.al/tIWd6ak

Inside the FOMC with Austan Goolsbee

The Chicago Fed President answers all of our burning questions.

slate.trib.al

A Very Special Slate MoneyTM: We talked to Chicago Fed president @goolsbee.bsky.social this week. You can listen here, or see our shining faces on YouTube if you prefer. slate.com/podcasts/sla...

Inside the FOMC with Austan Goolsbee

The Chicago Fed President answers all of our burning questions.

slate.com

Dad served 4 years in the Marine Corps right out of high school. We miss him and his courage a lot these days, but especially on this Veterans Day

magic goolsball, what do you think of cutting flights right before the holidays?

Carl Quintanilla@carlquintanilla.bsky.social · 9mo ago

(AP) - Airports in New York, Los Angeles and Chicago along with hubs across the U.S. are among the 40 that will see flights cut starting Friday due to the government shutdown, according to a list distributed to the airlines and obtained by The Associated Press. @apnews.com

The Chicago Fed has released its final real-time forecast of the October unemployment rate. Visit our site for the data: www.chicagofed.org/research/dat...

A @chrisgiles.ft.com interview with @goolsbee.bsky.social (it's the interview published late last month i think)

What’s up with the US economy? With Austan Goolsbee

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At last week's Midwest Agriculture Conference, we were joined by farmers, the ag business community, and moderator @foxbusiness' Edward Lawrence for discussions on industry updates and trade conditions. www.chicagofed.org/publications... x.com/messages/med...

Thrilled to announce that John Leahy will become the Chicago Fed’s next director of research He’s the Allen Sinai Professor and chair of the Econ dept. at @umich and a great guy. Welcome to Da Bank, John. www.chicagofed.org/publications... x.com/messages/med...

It was an honor to host Federal Reserve Bank of Chicago President and CEO @goolsbee.bsky.social last night at our Q1 board meeting, where he engaged in a Q&A with our board member Liz Buchanan of NielsenIQ. Thank you, President Goolsbee, for sharing your insights and time with our board!

This morning, the @chicagofed introduced new labor market indicators that combine private sector data with official labor statistics to provide a real-time view of hiring, layoffs and other job separations, and an early forecast of the unemployment rate. www.chicagofed.org/research/dat....

Lollapalooza's day one of four kicks off today in Chicago's Grant Park.

The face of an old woman who has her first novel being published in the spring

An increase in certain orders helped fuel a “curious surge” of productivity in US restaurants, according to Chicago Booth’s @goolsbee.bsky.social & Chad Syverson, NYU PhD student Rebecca Goldgof, and Booth research professional Joe Tatarka. www.chicagobooth.edu/review/is-yo... #econsky

Is Your Take-Out Order Making Fast-Food Restaurants More Productive?

After decades of stalled growth, productivity has surged in US restaurants.

chicagobooth.edu

a few weeks ago I gave birth to this tiny human & became a mum. it’s been the most transformative & transcendental thing. also, physically tough with a challenging birth & lots of hospital trips since. mums are so badass. midwives are heroes. expect slow replies (& everything else) for a while 🐌💕