It appears that Christine Romer will be the new chair of the Council of Economic Advisors. It seems that Obama is meeting his promise to bring back the best and the brightest back to the government, even though they might disagree with some of the policies that he has proposed. This is a very refreshing change.
Economical Thoughts
Observations of a teaching economist.
Economical Thoughts- Supreme Ignorance?
- Mobile computing
- Liquidity trap economics
- FoxBusinessNews assigns fiscal policy to the Fed
- Wisconsin, inflation, and real wage growth
- The Nobel Prize, the Senate, and the Fed
- A growing student quality gap?
- Personal safety devices that decrease safety
- Education and Democracy
- Good Economic News?
-
Recent Comments
drugsandotherthings on Supreme Ignorance? Dean Russell on Personal safety devices that d… Charles on Christina Romer at CEA economicalthoughts on A growing student quality… Bill Goffe on A growing student quality…
Christina Romer’s appointment means that we will have at the Council of Economic Advisers an economist with a background in highly relevant economic history and with moderate Keynesian sympathies – just what we need. It is to be hoped that she underatands that one of the key lessons of Keynes is the importance of constructive US leadership in international economic cooperation – including in the international coordination of key economic policies, in building up effective international economic institutions, and in safeguarding free trade. She will be familiar with literature like Donald Moggridge’s biography of Keynes and Donald Markwell’s “John Maynard Keynes and International Relations”, which I think are very helpful in thinking and working our way – nationally and globally – through the present muddle.
Thanks for taking this. Great blog post on your site. I was checking your blog post and I have bookmark your blog done.