Christina Romer Appointed Chairman of Council of Economic Advisors
Christina Romer, a professor at University of California at Berkley, has been appointed Chairman of Obama’s Council of Economic Advisors.
Professor Romer was an advisor to the Obama campaign, and she and her husband David, macroeconomists who co-authored a paper, “What Ends Recessions?” in 1985, hold two seats on the committee which decides when the U.S is officially in a recession.
Romer will join Obama at a press conference in Chicago on Monday at 12:00 p.m. EST, along with Lawrence Summers, designated to lead his National Economic Council, and Timothy Geithner, tapped to be Treasury Secretary.
Related Articles:
- Pamela Anderson Posts Open Letter to Obama
- Sarah Palin Doodles vs. Barack Obama Doodles (Photos and Video)
- Obama CBS 60 Minutes Interview VIDEO
- John McCain on Jay Leno - First Appearance Since Defeat (Video)
- Barack Obama is Looking for a Mutt Like Him
- Obama Press Conference VIDEO
- Obama Victory Speech Video
Filed under: Barack Obama, Politics
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.