Obama Economic Adviser Quits White House To Return To U Of C
(STMW) -- Austan D. Goolsbee, Chairman of the President's Council of Economic Advisers (CEA), announced his plans to return to his position as the Robert P. Gwinn Professor of Economics at the University Of Chicago Graduate School Of Business, the White House said Monday.
He will return to Chicago in time for the upcoming school year, a release from the White House said.
Prior to his time in the Obama Administration, Goolsbee was a professor at the University of Chicago for 14 years.
"Since I first ran for the U.S. Senate, Austan has been a close friend and one of my most trusted advisers," President Barack Obama said in the release. "Over the past several years, he has helped steer our country out of the worst economic crisis since the Great Depression, and although there is still much work ahead, his insights and counsel have helped lead us toward an economy that is growing and creating millions of jobs. He is one of America's great economic thinkers."
Goolsbee said, "Working each day on behalf of the American people has been a rare privilege, particularly at such a historic time."
In addition to serving as Chairman of the Council of Economic Advisers, Goolsbee was the Staff Economist for the President's Economic Recovery Advisory Board, where he helped guide the Administration's response to the economic crisis, the release said.
He has also worked as a senior adviser to the President's Council on Jobs and Competitiveness. Under his leadership, the CEA focused on policies related to small business, education, innovation and competition.
(Source: Sun-Times Media Wire © Chicago Sun-Times 2010. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
