How #Economists Shape Policy from a Former Bush #Administration Advisor

Greg Mankiw, former #Chairman of the Council of #Economic Advisers (CEA) under #President George W. Bush (2003-2005), discusses the evolving role of #economists in Washington. He highlights how #politicians often select economists who align with their views, the influence of the CEA in shaping #policy details, and the shifting dynamics with non-academic economists like Jared #Bernstein leading the CEA under #Biden. Mankiw delves into greater details in the latest episode of Capitalism and Freedom in the 21st Century; detailing the pros and cons of these changes and their impact on economic policymaking. #CF21