Austan Goolsbee

Obama Appoints Goolsbee Top Economic Adviser

Austan Goolsbee, Robert P. Gwinn Professor of Economics, was appointed chairman of President Obama’s Council of Economic Advisers in September, succeeding Christina Romer.

Obama called Goolsbee “one of the finest economists in the country” when he announced the appointment. “He is not just a brilliant economist, but someone who has deep appreciation for how the economy affects everyday people,” Obama said.

A member of the council since Obama took office in 2009, Goolsbee also serves as staff director and chief economist for the president’s Economic Recovery Advisory Board. At 41, Goolsbee is the youngest person appointed chairman since President Lyndon Johnson named Arthur Okun to the post.

Interim dean Harry Davis said, “I am confident that Austan will provide a thoughtful perspective on the critical issues facing our country. In these difficult times here and abroad, it is encouraging that several prominent members of our faculty are making important contributions in key roles within the public sector.”

Goolsbee joined the Chicago Booth faculty in 1995. His research interests include the new economy, government policy, taxes, and technology.

He served as a member of the Congressional Budget Office’s Panel of Economic Advisers, a research associate at the National Bureau of Economic Research, and a research fellow at the American Bar Foundation. He was a senior economic adviser to the Democratic Leadership Council and the Progressive Policy Institute.—A.F.

Last Updated 2/25/11