He's the new Chair of the Council of Economic Advisers. He has replaced Christina Romer; what's your take?
Let's be honest, a man who proudly declares that "economists love markets" can't be all bad, right?
"I'm not a fan of Murray Rothbard." -- David D. Friedman
"In our world, it doesn’t matter where you got a degree or how old you are or where you are from. It just matters what your ideas are. And that’s how it should be."
If that's the case, why is Austan Goolsbee the new Chair of the Council of Economic Advisers and not Hans Hoppe? Why did the ideas of Keynes take hold in the 1930s instead of those of Mises, Hayek, and Hazlitt? This guy is kidding himself. In Economics, moreso than most other areas of science, political power and connections have trumped ideas for some time.
Sounds like another central planning wonk. Press snooze until 2012.