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Harvard Economist: Stop focusing on inflation and look at the bigger picture

Jason Furman, Aetna Professor of the Practice of Economic Policy at Harvard Kennedy School, discusses rising inflation and other macroeconomic trends in this interview. According to Furman, inflation is indeed a problem, but it must be viewed in the context of falling unemployment and where economists thought we would be at this stage of the COVID-19 pandemic. To read more about Professor Furman's thoughts on the current state of inflation and how the Federal Reserve should respond, check out ken.sc/piiefurman. ------------------------ About Harvard Kennedy School: The John F. Kennedy School of Government at Harvard University is a graduate and professional school that brings together students, scholars, and practitioners who combine thought and action to make the world a better place. Our mission is to improve public policy and public leadership across the United States and around the world so that people can lead safer, freer, and more prosperous lives. Harvard Kennedy School teaches current and future leaders the skills they need to effectively advance the public purpose in the public, nonprofit, and private sectors. Our renowned faculty and trailblazing research centers pioneer bold new ideas. And as the most international school at Harvard, we convene global leaders in the Forum, host visiting experts in the classroom, and attract a diverse community of faculty, students, and staff.