If we get to the point where we damage the full faith and credit of the United States, that would be the first default in history caused purely by insanity. Austan Goolsbee Read Quote
If it was up to me, I would have put more money into the state fiscal relief. Austan Goolsbee Read Quote
When I was at MIT, they had a beta test of Mosaic, the first popular browser. I remember looking at it, and there was a weather map or something. Now, in fairness to me, there weren’t any websites then. But I remember saying, ‘This is stupid – what’s the point?’ Now, of course, it’s obvious. Austan Goolsbee Read Quote
When the Internet first appeared, this heated debate developed among economists. One side said the Internet will make it easier for companies to price-discriminate, and it’ll be fabulously profitable. Austan Goolsbee Read Quote
Trade has helped the economy grow. Simultaneously, a sizable number of Americans haven’t shared in that bounty, and if we don’t pay attention to their concerns, all the political favor for open markets will dry up. Austan Goolsbee Read Quote
We’ve gone through rounds of tax cutting and rounds of tax increases in modern U.S. history. We haven’t really had a big igniting of a trade war belligerence since the Depression era, and that’s not an era that we want to repeat. Austan Goolsbee Read Quote
You can’t look back at the worst financial crisis of our lifetimes that started in 2008 and not have some important lessons about the critical nature of oversights in financial markets and institutions. Austan Goolsbee Read Quote
