President-elect Donald Trump has got the message that economics is known as the dismal science, and so far he's signed up fewer academic economists than prior presidents. The only one he's hired is Peter Navarro, professor of economics at the University of California at Irvine, to direct a new White House National Trade Council.
Economists are aghast. According to New York Times contributor Justin Wolfers, the annual American Economic Association meeting in Chicago earlier this month featured "somber analyses, huddled hallway conversations and pointed asides … the major theme was a sense of anxiety."
Read Full Article »