Goolsbee out at CEA?

Links (3)

Morning Commentary
Published 11/21/2008 by Arnold Kling at EconLog: Library of Economics and Liberty
... in house prices. This increased risk exposure took place right under the nose of the FDIC, albeit partially hidden through the use of senior-subordinated structures that were rated AA or AAA and through the creation of Structured Investment Vehicles (SIVs) that moved the risk off balance sheet. Still, the inability of the FDIC to follow up the early warning in the article with any regulatory action is an indication that regulatory failure can happen as readily as market failure. 3. Megan McArdle is dismayed by a rumor that ...

CEA rumors
Published 11/21/2008 by Tyler Cowen at Marginal Revolution
... From Megan McArdle.  Austan Goolsbee may be going elsewhere.  This could be either good or bad news; in any case the goal is to maximize his influence.  The name ...

Obama picks solid economic team
Published 11/24/2008 by John B. Chilton (uaeeconomist@hotmail.com) at The Emirates Economist
1. Council of Economic Advisers: Christina Romer. Endorsed by Tyler Cowen (Marginal Revolution) and Greg Mankiw. Megan McArdle breathes a sigh of relief. 2. Treasury Secretary: Timothy Geithner. Endorsed by Cowen. 3. National Economic Council: Lawrence Summers. Endorsed, though with some head scratching by Cowen and especially Mankiw. (I wasn't even sure what the NEC is -- it's not a prominent place.) But this could be positioning Summers for replacing Ben Bernanke as Fed chairman in a few years. Not that there's anything ...