Economic Policy and Research by Jason Furman

Jason Furman is a professor at Harvard Kennedy School’s Economics Department and former Chair of the U.S. Council of Economic Advisers under President Obama. A Harvard PhD and MSc graduate from the London School of Economics, Furman participates in high-level forums such as the Peterson Institute and the Council on Foreign Relations. His economic analysis regularly appears in venues like the Wall Street Journal and Project Syndicate.

In February 2025, Furman shared an updated macroeconomic chart—tracking AI sector expansion and productivity growth—that drew attention from crypto traders and analysts. The chart’s release coincided with immediate market movement in AI-related crypto tokens: SingularityNET (AGIX) experienced a 12 percent price increase from $0.50 to $0.56, with trading volume jumping from 10 million to 15 million tokens. Fetch.ai (FET) also gained 9 percent, moving from $0.30 to $0.33 alongside volume increasing from 8 million to 12 million. Ocean Protocol (OCEAN) rose 7 percent with volume from 5 million to 7 million. These effects spread into spot volumes of BTC and ETH across major exchanges.

  • Igor Krasulya
  • 1 hour ago
Jason Furman: U-3 is main unemployment measure, U-6 is broader but typically 1.8 times U-3
Jason Furman stated that for those concerned about unemployment, the official U.S. government U-3 measure is largely sufficient. He added that the U-6 metric is a broader indicator since it ...
  • Elena Nikulina
  • 23.10.2026
Calculating overall revenue effects of state tax changes is important, Jason Furman notes
Jason Furman argued that when assessing the impact of a California wealth tax or high-income taxes in other states, it is important to consider their effects on total revenue, not just individual ...
  • Eugene Komchuk
  • 10.10.2026
Jason Furman: U.S. sees record year for nonmonetary gold exports
Jason Furman highlights that the United States is experiencing an extraordinary record year for exports, specifically in nonmonetary gold. He points to a notable increase in the volume of gold ...
  • Oksana Koneva
  • 08.10.2026
Five firms dominated global capex among top U.S.-listed nonfinancial companies in 2025, Jason Furman notes
Jason Furman reports that in 2025, just five companies—Amazon, Alphabet, Meta, Microsoft, and Oracle—were responsible for 37 percent of the global capital expenditure among the top 100 ...
  • Hanna Syniavska
  • 05.10.2026
Jason Furman: China goods imports now below pre-PNTR share of total U.S. imports
Jason Furman highlights that China’s goods imports, as a share of total U.S. imports, have now dropped below the level seen prior to the granting of Permanent Normal Trade Relations (PNTR) ...
  • Olga Shendetskaya
  • 04.06.2026
U.S. productivity growth revised down, Jason Furman notes
Jason Furman comments on recent macroeconomic data, highlighting that U.S. productivity for the first quarter was revised downward. He notes that despite the revision, productivity growth over ...
  • Ivan Andriyenko
  • 28.05.2026
Jason Furman: Core PCE inflation remains elevated despite missing forecasts
Jason Furman reports that core Personal Consumption Expenditures (PCE) inflation in April was below expectations but still at elevated levels. Annualized rates were 2.9% for one month, 3.8% for ...
  • Ashutosh Sureka
  • 23.05.2026
Zola novel examines finance and anti-semitism in France, Jason Furman notes
Jason Furman references a review of a novel by Zola, noting that while it is not his favorite work by the author, it offers compelling material for consideration regarding finance. He also ...