Veronique de Rugy is the George Gibbs Chair in Political Economy and a Senior Research Fellow at the Mercatus Center at George Mason University. In Veronique's first appearance on Macro Musings she discusses her career as a think tanker's think tanker, what the difference is between classical liberals and libertarians, how America's mindset has shifted on trade and immigration, the fiscal health of the United States, the US's impending debt crises, solutions for fixing the fiscal health of the United States, and much more.

Check out the transcript for this week's episode, now with links.

Recorded on November 18th, 2025

Subscribe to David's Substack: Macroeconomic Policy Nexus

Follow David Beckworth on X: @DavidBeckworth

Follow Veronique on X: @VerodeRugy

Follow the show on X: @Macro_Musings

Check out our Macro Musings merch!

Subscribe to David's new BTS YouTube Channel

Timestamps

00:00:00 - Intro

00:01:18 - Vero's Career

00:17:35 - Vero's Career

00:24:32 - Fiscal Policy at Mercatus

00:40:59 - Steps Toward a Sustainable Fiscal Path

00:48:34 - Flattening the Debt Curve

00:59:13- Outro

Veronique de Rugy on the Impending American Fiscal Crisis

Macro Musings with David Beckworth