What would make Kevin Warsh consider a "Fed put?"

The episode questions whether a "Fed put" — the expectation that the Federal Reserve will rescue markets — would promote stability, and explores Kevin Warsh's perspective as Fed Chair. It also covers a range of economic stories: a decline in teen paid employment, a slowdown in single-family home construction, the use of prediction markets for natural disasters, traffic spreading well beyond rush hour, and a surge in cowboy boot sales.