Austan Goolsbee

Austan Goolsbee is a renowned American economist and former Chairman of the Council of Economic Advisers under President Barack Obama. He is currently the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business, where he has taught alongside notable economists such as Gary Becker, Sherwin Rosen, and Kevin Murphy (economist). Goolsbee's work has been influenced by his time at Yale University and Massachusetts Institute of Technology, where he earned his Bachelor of Arts and Doctor of Philosophy degrees, respectively. He has also been associated with the National Bureau of Economic Research and the Brookings Institution.

● Early Life and Education

Austan Goolsbee was born on August 18, 1969, in Waco, Texas, to Linda Goolsbee and L. Douglas Goolsbee. He grew up in Bartlesville, Oklahoma, and later moved to Palo Alto, California, where he attended Palo Alto High School. Goolsbee then enrolled at Yale University, where he earned his Bachelor of Arts degree in Economics in 1991. During his time at Yale University, he was influenced by notable economists such as William Nordhaus and James Tobin. He later earned his Doctor of Philosophy degree in Economics from Massachusetts Institute of Technology in 1995, where he was advised by Jerry Hausman and James Poterba.

● Career

Goolsbee began his career as a staff economist at the President's Council of Economic Advisers under President Bill Clinton in 1995. He later worked as a senior economist at the White House and as a fellow at the Brookings Institution. In 2004, Goolsbee joined the University of Chicago Booth School of Business as a professor of economics, where he has taught courses on microeconomics, industrial organization, and public policy. He has also been a research associate at the National Bureau of Economic Research and a member of the Panel of Economic Advisers at the Congressional Budget Office.

● Academic Work

Goolsbee's academic work has focused on microeconomics, industrial organization, and public policy. He has published numerous papers on topics such as taxation, corporate finance, and technological innovation. His work has been published in top-tier journals such as the Journal of Economic Perspectives, Journal of Financial Economics, and Quarterly Journal of Economics. Goolsbee has also written for popular outlets such as The New York Times, The Wall Street Journal, and Forbes. He has been recognized for his contributions to the field of economics with awards such as the Alfred P. Sloan Research Fellowship and the National Science Foundation's CAREER Award.

● Policy Career

Goolsbee's policy career has been marked by his service as the Chairman of the Council of Economic Advisers under President Barack Obama from 2009 to 2011. During his tenure, he played a key role in shaping the American Recovery and Reinvestment Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act. Goolsbee has also served as a member of the Federal Reserve Bank of New York's Economic Advisory Panel and as a senior advisor to the U.S. Department of the Treasury. He has worked closely with notable policymakers such as Timothy Geithner, Ben Bernanke, and Christina Romer.

● Personal Life

Goolsbee is married to Robin Goolsbee, and they have two children together. He is a Democrat and has been involved in various political campaigns, including the 2008 presidential campaign of Barack Obama. Goolsbee has also been a frequent guest on television programs such as The Daily Show with Jon Stewart, The Colbert Report, and Meet the Press. He has been recognized for his contributions to the field of economics and public policy with awards such as the Daniel Patrick Moynihan Prize and the Harry S. Truman Scholarship. Goolsbee has also been a member of the Council on Foreign Relations and the Economic Club of Chicago.