Nobel Prize-winning economist Michael Woodford discusses groundbreaking research on monetary policy and financial stability with NPR’s Ailsa Chang, offering insights into how central banks shape economies during crises. The conversation explores the theoretical and practical implications of his work, which has influenced global economic strategies. For those interested in the intersection of economics and real-world policy, this interview provides a rare glimpse into the mind of a leading figure in the field.
NPR's Ailsa Chang chats with Michael Woodford of Columbia University, who was one of two Americans awarded the Nobel Prize in Economics.
