Thursday, November 18, 2004

Resist!

The Washington Post reports that the White House is "eying" James Poterba to replace N. Gregory Mankiw as head of the Council of Economic Advisors. Hopefully Poterba will resist temptation for very few people pass through the Bush administration with their reputations still intact -- and his reputation, at least to me, is quite high: he does pretty cool stuff with taxation and household financial decisions and has an admirable empirical emphasis. This reputation-killing effect seems strong among the econ. folk: Mankiw and Taylor both have been pretty disgraceful, especially Taylor with his recent talk on the currency.

Via Marginal Revolution.

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