The Right Coast

March 15, 2004
Krugman and the CEA
By Tom Smith

As an alum of the CEA (Senior Counsel and Economist, 1988-89), it makes me mad when people attack the CEA. (And I have a picture of a much hairier me with the Gipper to prove it.) Yes, we were a stable of economics who worked for the POTUS, but the CEA is structured to protect against the corruption of academic standards, as much as any group of academics in political office could be. I think it is really a wonderful institution, an economic think tank inside the White House, and one much less liable to capture by regulated industry.

So now Paul Krugman is attacking the CEA, saying their job numbers are lies. Talk about the pot and the kettle. Marginal Revolution comes to the defense.