Kevin A. Hassett is the State Farm James Q. Wilson Chair in American Politics and Culture at the American Enterprise Institute (AEI). He is also a resident scholar and AEI's director of economic policy studies.
Before joining AEI, Hassett was a senior economist at the Board of Governors of the Federal Reserve System and an associate professor of economics and finance at Columbia (University) Business School. He served as a policy consultant to the US Department of the Treasury during the George H. W. Bush and Bill Clinton administrations.
Hassett has also been an economic adviser to presidential candidates since 2000, when he became the chief economic adviser to Senator John McCain during that year's presidential primaries. He served as an economic adviser to the George W. Bush 2004 presidential campaign, a senior economic adviser to the McCain 2008 presidential campaign, and an economic adviser to the Mitt Romney 2012 presidential campaign.
Hassett frequently appears on Bloomberg radio and TV, CNBC, CNN, Fox News Channel, NPR, and "PBS NewsHour," among others. He is also often quoted by, and his opinion pieces have been published in, the Los Angeles Times, The New York Times, The Wall Street Journal, and The Washington Post.
Hassett has a Ph.D. in economics from the University of Pennsylvania and a B.A. in economics from Swarthmore College.
Senior Economist, 1995-97; Economist, 1992-95, Division of Research and Statistics, Board of Governors of the Federal Reserve System
Associate Professor, 1993-94; Assistant Professor, 1989-93, Graduate School of Business, Columbia University
Though the Federal Reserve now publishes the Federal Reserve Board members' forecasts for the future path of a key Fed-set interest rate, historically, these Fed forecasts have not predicted the rate especially well. This suggests that the Fed's new push towards transparency should be met with at least some measure of skepticism.
Maryland's income tax scheme is discriminatory in and of itself because it systematically imposes tax burdens on interstate economic activity that are greater than the burdens imposed on economic activity conducted solely within Maryland.
After years of conflicting and often retracted nutritional advice, a recent randomized trial provides solid evidence that low-fat diets are more effective than their low-carb counterparts at improving health and wellbeing while trimming waistlines and health expenditures alike.
In the aftermath of the Great Recession, observers have searched for a cause for the persistent limping pace of economic growth. A striking new paper argues that a new culprit may be to blame: the computer.
State Farm James Q. Wilson Chair in American Politics and Culture and Director of Economic Policy Studies Kevin Hassett tells CNBC about his lunch with President Obama and takes a guess at June jobs numbers.