Category Archives: technocrats

Jeff Matthews is getting a lot of blogosphere linkage for his piece saying that iPhone sales are much lower than the likes of Gene Munster would like to think. But here’s how Matthews’ logic works: The 10,000-a-day consensus among Wall … Continue reading →

David
Leonhardt had an interesting profile of Larry Summers in
the NYT yesterday. Leonhardt reckons that Summers could (and probably should)
become a Democratic Henry Kissinger, intimately involved in policy decisions
despite not having an official government job.
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The more that Greenspan speaks, the more obvious his utter lack of market-moving influence will become. So speak, Maestro! Then we can all get on with ignoring you.
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It’s only natural that for anybody who’s never going to be elected president themselves, the next best thing would be to have real policy influence over the president – which is something you might be able to get by hitching your star to a campaign early on.
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Harvard’s Greg Mankiw, an economic adviser to Mitt
Romney, notes
on his blog that Berkeley’s Christina Romer and David
Romer are economic advisers to Barack Obama; Stanford’s
Michael Boskin is advising Rudy Giuliani;
and Boston University’s Larry Kotlikoff is advising Mike
Gravel.
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Agustin Carstens critizes his country’s central bank.
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You expect to hear about "regime harmonization with Europe" when
the subject is something that Europe has a lot of and the US has none of –
carbon trading, for example. But today we heard it from Michael Oxley,
on the subject of something the US has a lot of and Europe has much less of:
capital-markets regulation.
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To lose
one undersecretary of international
affairs could be considered a misfortune; to lose
two – especially when #2 hasn’t even started in the job yet –
looks suspiciously like carelessness.

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