HKS Authors

See citation below for complete author information.

Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Aetna Professor of the Practice of Economic Policy

Abstract

Harvard economist Jason Furman returns to the show to answer two big, burning questions. First, if Trump’s economic ideas are as bad as most economists say, why isn’t the U.S. economy doing much worse? Second, if Trump fires Jerome Powell, would it be the final blow that finally pushes the economy into a recession?

Citation

Thompson, Derek, and Jason Furman. "Trump’s Tariffs Haven’t Killed the U.S. Economy. But Firing Jerome Powell Might." Plain English With Derek Thompson, July 17, 2025.