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Top 10 Austan Goolsbee Quotes

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10

When the Internet first appeared, this heated debate developed among economists. One side said the Internet will make it easier for companies to price-discriminate, and it'll be fabulously profitable.

9

Only Barack Obama consistently opposed NAFTA.

8

Trade has helped the economy grow. Simultaneously, a sizable number of Americans haven't shared in that bounty, and if we don't pay attention to their concerns, all the political favor for open markets will dry up.

7

My impression is the Trump administration is in imminent danger of violating the gunfighter's credo, which is 'Do not pick seven fights if you are carrying a six shooter.'

6

We've gone through rounds of tax cutting and rounds of tax increases in modern U.S. history. We haven't really had a big igniting of a trade war belligerence since the Depression era, and that's not an era that we want to repeat.

5

To the extent that the Trump administration doesn't like a strong dollar, something has got to give, and just yelling at other countries for devaluing when you're raising rates and they're cutting rates is not going to work.

4

You can't look back at the worst financial crisis of our lifetimes that started in 2008 and not have some important lessons about the critical nature of oversights in financial markets and institutions.

3

One of the most interesting things that I'm seeing of the Trump picks is such a heavy business and financial focus. I can't help but feel like this is going to throw a lot of policy weight and details back to Congress, because these are not people who have a lot of experience drafting legislation.

2

Applying cost-benefit analysis to regulation is no different than what most regulatory agencies do.

1

Yes, prices go up in health care. They have been doing so for 80 straight years.

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