Barack Obama has named my favorite economist, Austan Goolsbee, as Staff Director and Chief Economist of the newly formed Economic Recovery Advisory Board. Goolsbee has also been appointed one of the three members of the Council of Economic Advisors. I was hoping Obama would name Goolsbee the chairman of the CEA but this is not bad at all. And with Paul Volcker as the chairman of the Economic Recovery Advisory Board what is there not to like.

Barack Obama has chosen well. I am looking for all Goolsbee all the time. I am looking for wall-to-wall Goolsbee on television. I have my popcorn ready to watch the next Goolsbee appearance on television. This guy makes economics interesting. There is also the added benefit that he is a pretty brilliant economist.


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