The President’s economic team
Posted by Staff (08/09/2010 @ 10:21 am)
Here’s an excellent article on how the White House economic team is organized. When you read about the President’s economic advisers, this article can help you understand how they all work together. It can also help you understand how different personalities work together, from Christina Romer to Larry Summers to Tim Geithner.
Thanks to Ezra Klein for the link. Ezra also has a great post on how Larry Summers might now be the ideal candidate to run the National Economic Council, given the nature of his personality.
Christina Romer leaves the Obama administration
Posted by Staff (08/06/2010 @ 9:05 am)
Christina Romer is leaving the Obama administration.
Romer, who chairs the Council of Economic Advisers, announced Thursday night that she is returning to her previous job as economics professor at the University of California at Berkeley.
Her resignation follows that of budget director Peter Orszag.
In a statement, Romer called the her White House service the “honor of a lifetime.”
It will be interesting to see whether we’ll see any policy changes. Romer is an expert in the Great Depression and was instrumental in the stimulus package. In many ways she has served her purpose, and now the administration can shift to sustained growth as opposed to the crisis management of the past 18 months.