Obama Advisory Board Includes Donaldson, Ferguson

Obama’s Economic Recovery Advisory Board is headed by former Federal Reserve Board Chairman Paul Volcker. It will be modeled after the existing Foreign Intelligence Advisory Board and will seek to bring in people from business, unions, academia and politics to help shape policy, administration officials say.

The executive director of the board will be Austan Goolsbee, a University of Chicago economist who advised Obama on economics during Obama’s presidential campaign.

Goolsbee has published academic research papers on topics such as, “Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry” and “What Happens When You Tax the Rich? Evidence from Executive Compensation.”