Subscribe to the new Macro Musings YouTube Channel!

Jesús Fernández-Villaverde is a professor of economics at the University of Pennsylvania. Jesús returns to the show to discuss his rise on X, how to frame global demographic decline, the three accelerants of demographic decline, the role of housing in family size, how AI will play a role in global demographics, what we know about AGI, the question of dollar dominance, and much more.

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

Recorded on February 20th, 2026

Subscribe to David's Substack: Macroeconomic Policy Nexus

Follow David Beckworth on X: @DavidBeckworth

Follow Jesús Fernández-Villaverde on X: @JesusFerna7026

Follow the show on X: @Macro_Musings

Check out our Macro Musings merch!

Timestamps

00:00:00 - Intro

00:07:22 - Demographics

00:39:28 - Artificial Intelligence

00:54:07 - Currency Dominance

01:03:20 - Outro

Jesús Fernández-Villaverde on the Quandary of Global Demographic Decline

Macro Musings with David Beckworth

Jesús Fernández-Villaverde on the Quandary of Global Demographic Decline