Joe Lupton

Joe Lupton, a macroeconomist renowned for his insights on consumption and labor markets, joins the discussion on global growth dynamics. They explore why GDP is strong despite dismal job growth, examining the puzzling disconnect. Lupton delves into the factors driving resilient US consumer spending and the risks ahead with declining labor income. They also assess the impact of AI on job creation and productivity, and ponder how central banks should respond to this mixed economic landscape, including potential effects of a US government shutdown.