April 11, 2011

The Wisdom of Christina Romer

Before she returned to academia after serving as being Obama's chief economic advisor, Romer did much to turn the Great Recession into the prosperity we enjoy today. She has more:
Christina Romer: A Weaker Dollar Is Good For America
In a way, this is consistent with the position that US pre-eminence is illegitimate, so we might as well divest ourselves of both the prerogatives and responsibiliities of a superpower. Next: the Romer-Smoot-Hawley Tariff?

Meanwhile, Joe Stiglitz doesn't know what ails us, but prescribes redistributive taxation anyway.

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