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08-30-2011, 03:26 AM | #1 |
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NY Times: http://economix.blogs.nytimes.com/20...ite-house-job/
Alan B. Krueger, an economist at Princeton, has been chosen to be the next chairman of the president’s Council of Economic Advisers. He’s an interesting choice for this job. Usually that position is held by a macroeconomist, and the selection of Dr. Krueger, a microeconomist known for his work on labor issues, sends a strong signal that the administration may be devoting more energy to job creation. Dr. Krueger has an eclectic set of interests, as indicated by not only his academic research but also the posts he wrote for Economix from 2008 to 2009. (In addition to editing his posts for Economix, I previously worked as one of his research assistants while an undergraduate at Princeton.) For example, he has written about rock concerts, happiness, health care, the value of a college education, and terrorism. While he was chief economist at the Treasury Department from 2009 to 2010, he worked on more macro issues related to areas like tax policy and public debt. But still, he is most closely associated with his work on the job market. Partly because he is data-driven and relatively nonideological, he has many fans in the economics community from both left and right — despite the fact that his flagship research is the cornerstone of any liberal campaign to raise the minimum wage. You can see this in reactions throughout the econoblogosphere, including plaudits from conservative economists like Greg Mankiw and Tyler Cowen. Tribune Newspapers: http://seattletimes.nwsource.com/htm...krueger30.html President Obama is moving to install labor specialist Alan Krueger as chairman of his Council of Economic Advisers in an effort to bolster the depleted White House economic team as it girds for a political campaign expected to focus on jobs and growth. In nominating Krueger, a Princeton University professor, Obama picked a highly respected specialist in employment and the workforce who served as chief economist at the Treasury Department in the first two years of the Obama administration. During that time, Krueger, 50, worked on tax incentives to encourage employment and programs that sparked auto purchases ("Cash for Clunkers") and municipal building projects — the kinds of plans Obama is expected to unveil soon to spur job creation. |
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08-30-2011, 05:52 AM | #2 |
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