Burn it down: economics failed us.
July 30, 2020 12:00 AM Subscribe
Economics is a disgrace - "The indignities are astounding..." Claudia Sahm -- macromom -- a former Fed economist (with her own rule and automatic stabilizer) rips the economics priesthood a new one.[1,2]
The new woman economist at the [Federal Reserve] Board who was asked by the men colleagues at lunch if she 'satisfied' her husband. Her husband is an economist I know well. An officer sabotaged her work. She moved to another group. He stayed. I have talked with the woman and her husband several times. Broke my heart. Her tormentor is good friends with mine. I thought it was me. It was not me. It was them and they have not stopped. I told her she would get better. I did. No one told me that in 2011 when I broke. I was told that I was not the first woman he targeted. WTF? No one told me I could report him. WTF?? Both tormentors are senior officers at the Board, instrumental to monetary policy decisions. Neither said they were sorry.