FastSaying
I was always a data guy, not a theorist. Theorists can maintain total purity. The data are always messy.
Austan Goolsbee
Always
Data
Guy
Maintain
Messy
Purity
Theorist
Total
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The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.
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I am a data hound and so I usually end up working on whatever things I can find good data on. The rise of Internet commerce completely altered the amount of information you could gather on company behavior so I naturally drifted toward it.
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When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions.
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Only Barack Obama consistently opposed NAFTA.
— Austan Goolsbee
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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.'
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