Austan Goolsbee
Economist, Former Chairman of the Council of Economic Advisers
Professor of Economics at the University of Chicago and former economic advisor to President Obama, focusing on the effects of monetary policy.
Cited In
1 Article
Global Business / Economy
Is Deflation Actually Worse Than Inflation — or Just a Threat That Benefits the People Who Write Economics Textbooks?Is deflation truly the economic boogeyman textbooks make it out to be, or does that framing obscure inflation's very real cost to lower-income households? Paul Krugman, Austan Goolsbee, and Nouriel Roubini debate whether falling prices or rising ones pose the greater threat to economic stability—and who actually bears the burden of each.