In a recent interview of Alex Tabarrok, I saw this exchange:
Auren Hoffman (52:52.27)
Now, your colleague, Tyler Cowen, he recently made an argument that we reached peak economist, that you don’t even need to be an economist anymore to be a member of the Federal Reserve Board. What do you think about that?
Alex (53:09.104)
Arthur Burns, I think was the first one with a PhD. There’s been quite a few since then, but before there were plenty of people on the Federal Reserve without PhDs in economics. Читать дальше...
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