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Jason Furman
Jason Furman
Jason Furman, professor of the practice of economic policy at the Harvard Kennedy School, was chairman of president Barack Obama’s Council of Economic Advisers.

Everyone from the Fed to the IMF predicted core PCE inflation in the US would remain well under 4 per cent in 2021. Some blamed the Delta variant for stalling recovery, but the real error was in not taking economic models seriously enough.

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The economic case for being open to immigrants is indisputable, particularly in ageing societies. Advanced societies now grappling with the rise of toxic nationalism must work towards an inclusive vision – or pay the economic price.

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