Austan Goolsbee

“If we're not careful, we're going to get an entire generation of people that thinks that the normal state of affairs is to have a 10% unemployment rate.”

“I think the evidence is screaming at us that the dual mandate is not in conflict.”

“We're on a bumpy path to a soft landing, but we are still on that path.”

“The main thing we are trying to thread the needle on is, can we get inflation down without a recession.”

“Monetary policy is a blunt instrument.”

“Data is the new oil? No, data is the new soil.”

“If you're making policy based on the vibe of the thing, that's probably not a great way to make policy.”

“The first rule of economics is that there is an infinite number of desires and a finite number of resources.”

“You cannot have a sensible tax policy without a sensible spending policy.”

“The American economy is the eighth wonder of the world.”

“When you're fighting inflation, you are the chaperone who has come to take away the punch bowl.”

“The Internet is the most important single development in the history of the world since the invention of the printing press.”

“You don't want to oversteer on the basis of noisy data.”