Wharton professor and former Philadelphia Fed president Pat Harker joins host Ethan Epstein for a look at the forces shaping the American economy. Pat explains what "fiscal dominance" means, why the federal debt is a problem we built and can fix, and why the bond market is already getting nervous. The conversation turns to the Fed's credibility and independence, the end of the zero-rate era, and what higher rates mean for reindustrializing America. Pat also makes the case that the skilled trades deserve more honor, that immigration and demographics will shape the workforce, and that AI's real payoff will come only when we rethink how work gets done, a lesson that goes back to electricity and the assembly line.