Booth School of Business
Claim to Fame: Former Economic Advisor to President Barack Obama
Massachusetts Institute of Technology, PhD, Economics
Yale University, MA, Economics
Yale University, BA, Economics
At Booth Since: 1995
Fun Fact: Insanely committed to his work, was spotted in the classroom on his wedding day, tuxedo and all
Last spring Austan Goolsbee made headline news when he announced his decision to leave his post at the White House where he attempted to help bring order to the fiscal chaos the United States has seen over the past three years. In 2008, Goolsbee was as a top economic adviser to then presidential candidate Barack Obama. Following the election, he was added to the president’s economic adviser’s council then promoted last September to chairman of the council.
Goolsbee is no stranger to politics. Prior to joining Obama’s team, he was a member of the Panel of Economic Advisers to the Congressional Budget Office. His curriculum vitae also attests to his work as a research associate for the National Bureau of Economic Research, a research fellow at the American Bar Foundation, and his membership to the U.S. Census Advisory Committee.
Bidding farewell to Washington, Goolsbee returned to academia this fall as the Robert P. Gwinn Professor of Economics at Chicago’s Booth School of Business. When asked why he decided to leave such a high-profile position with the President of the United States, Goolsbee cited not wanting to jeopardize his tenure position held at the University of Chicago.
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