RE: RE: Re: Martin Feldstein??

[Brown, Martin - ARP (NIH/NCI)]

Title: Message

He is also President of the National Bureau of Economic Research, a very presitigous private economic research organization.  They have the official word, for some reason, on announcing whether the country is in a recession or not.  More importantly NBER status determines whether academic economists are considered to be "stars" or not.  Feldstein had a falling out with Reagan and resigned over the issue of budget deficits.  Feldstein, at least then, was a traditional fiscal conservative who believed in balanced budgets.  He keeps editorial cartoons on his office wall that are make fun of Reagan's voodoo budget mathematics.

-----Original Message-----
From: Devine, James [mailto:[EMAIL PROTECTED]
Sent: Wednesday, March 19, 2003 6:01 PM
To: '[EMAIL PROTECTED]'
Subject: [PEN-L:35776] RE: Re: Martin Feldstein??

he's a very conservative economist at Harvard, famous for faking results that made Social Security look bad (or perhaps he made a mistake that he didn't notice because it fit with his preconceptions). He's the economic godfather of Greg Mankiw, the new head of the Council of Economic Advisors (to the US President) and an inspiration to the entire mainstream Reagan/Bush tradition. (Also important to Reagan/Bush has been Milton Friedman and Arthur ("supply side") Laffer. These two seem to have disappeared slowly in the last 20 years.)

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Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine
stop the war now!

> -----Original Message-----
> From: Sabri Oncu [mailto:[EMAIL PROTECTED]]
> Sent: Wednesday, March 19, 2003 2:22 PM
> To: PEN-L
> Subject: [PEN-L:35772] Re: Martin Feldstein??
>
>
> Who is this Martin Feldstein?
>
> Sabri
>
>