Talmon Smith: Assessing the Greatest Wealth Transfer in History

<p>Our guest on the podcast today is <i>New York Times</i> economics reporter Talmon Smith. Before joining the Business desk, he was a staff editor for the <i>Times </i>Opinion section covering public policy, economics, and culture. He began his career as a researcher and visiting scholar at NYU’s Journalism Institute and was assistant to the editor in chief at <i>GQ </i>magazine. He graduated from Tufts University with a major in history.</p><p><strong>Background</strong></p><p><a href="https://www.huffpost.com/author/talmon-smith-838">Bio</a></p><p>Twitter handle: <a href="https://twitter.com/talmonsmith?lang=en">@talmonsmith</a></p><p><strong>Economy, Inflation, and the Great Wealth Transfer</strong></p><p>“ ‘<a href="https://www.nytimes.com/2022/04/01/business/economy/nebraska-economy-unemployment-labor.html">I’m in Hot Demand, Baby’: Nebraska Thrives (and Copes) With Low Unemployment</a>,” By Talmon Joseph Smith, <a href="http://nytimes.com/" target="_blank">nytimes.com</a>, April 1, 2022.</p><p>“<a href="https://www.nytimes.com/2023/05/31/business/economy/jobs-layoffs-openings-jolts.html">Job Openings Rose in April, Defying Cooling Trend</a>,” by Talmon Joseph Smith, <a href="http://nytimes.com/" target="_blank">nytimes.com</a>, May 31, 2023.</p><p>“<a href="https://www.nytimes.com/2023/05/30/business/economy/inflation-companies-profits-higher-prices.html">Companies Push Prices Higher, Protecting Profits but Adding to Inflation</a>,” by Talmon Joseph Smith and Joe Rennison, <a href="http://nytimes.com/" target="_blank">nytimes.com</a>, May 30, 2023.</p><p>“<a href="https://www.seattletimes.com/business/wages-may-not-be-inflations-cause-but-theyre-the-focus-of-the-cure/">Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure</a>,” by Talmon Joseph Smith, <a href="http://seattletimes.com/" target="_blank">seattletimes.com</a>, April 7, 2023.</p><p>“<a href="https://buffalonews.com/even-a-soft-landing-for-the-economy-might-be-uneven/article_7d71c036-fb47-581f-bc5e-d1c51b22be5f.html">Even a Soft