Austan D. Goolsbee studies the Internet, the new economy, government policy, and taxes.
He recently returned from Washington where he was the Chairman of the Council of Economic Advisers and a member of the President's cabinet. Before Washington, his research earned him recognition as a Fulbright Scholar and a Sloan fellow. In previous years, he was named one of the Global Leaders for Tomorrow by the World Economic Forum, one of the six "Gurus of the Future" by the Financial Times and one of the "40 under 40" by Crain's Chicago Business.
His ability to explain economics clearly has made Goolsbee popular in the media. Jon Stewart describes him as "Eliot Ness meets Milton Friedman" and besides writing monthly for the Wall Street Journal, Goolsbee is a contributor and economic analyst for ABC News.
He has twice been named as a "star" professor by BusinessWeek's biannual "Guide to the Best Business Schools." Goolsbee thinks his research on telecom, media, and technology makes his "class on the subject pretty different from what you can find anywhere else." His goal for students taking his classes is for them to leave with the ability to analyze companies, industries, and policies in a new way. He says "that after a lot of years of doing this, they have yet to disappoint me."
Goolsbee spent time as a special consultant for Internet Policy for the Antitrust Division of the Department of Justice and was the lead editor for the Journal of Law and Economics for several years.
He earned a bachelor's and master's degrees in economics from Yale University in 1991. Four years later, he graduated with a PhD in economics from the Massachusetts Institute of Technology. He joined Chicago Booth in 1995.
2013 - 2014 Course Schedule
||Economics and Policy in the Telecom, Media and Technology Industries
Improv comedy, triathlons.
The Internet; the new economy; government policy; taxes.
The Consumer Gains from Direct Broadcast Satellites and the Competition with Cable Television, Econometrica (2004).
"Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry," Journal of Political Economy (2002).
"In a World Without Borders: The Impact of Taxes on Internet Commerce," Quarterly Journal of Economics (2000).
"What Happens When You Tax the Rich? Evidence from Executive Compensation," Journal of Political Economy (2000).
For a listing of research publications please visit
’s university library listing