David Blanchflower is a former member of the Bank of England's Monetary Policy Committee who is now a professor at Dartmouth College

Blanchflower spoke with Business Insider in an interview

  • the Fed is vastly overestimating the labour market's true strength by focusing too heavily on the historically low headline unemployment rate ... the economy is still too weak to sustain full employment, and policymakers are not doing enough about it.

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