How Economics PhDs Took Over the Federal Reserve
Harvard Business Review
FEBRUARY 3, 2014
There was a lot of uncertainty and debate last summer and fall over whether President Obama would appoint Janet Yellen or Larry Summers as Federal Reserve chair. Gilbert did, can end up as president of the Dallas Fed (although who knows, maybe Tumblr founder David Karp has a shot). But a career professor? pretty much ever since.
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