Glenn Hubbard, a former chairman of the President's Council of Economic Advisers, is currently the dean of Columbia Business School. He specializes in public and corporate finance and financial markets and institutions. He has written more than ninety articles and books, including two textbooks, on corporate finance, investment decisions, banking, energy economics, and public policy. He has served as a deputy assistant secretary at the U.S. Treasury Department and as a consultant to, among others, the Federal Reserve Board and the Federal Reserve Bank of New York.
Dean, 2004-present; Russell L. Carson Professor of Economics and Finance, 1994-present; Senior Vice Dean, 1994-97; Professor, 1988-94, Graduate School of Business, Columbia University
Chairman, President's Council of Economic Advisers, 2001-2003
Visiting Professor of Business Administration, Harvard Business School, 1997-98
John M. Olin Visiting Professor, Center for the Study of Economy and the State, University of Chicago, 1994
MCI Fellow, American Council for Capital Formation, 1994
Deputy Assistant Secretary, U.S. Department of the Treasury, 1991-93
Ph.D., A.M., economics, Harvard University
B.S., B.A., economics, University of Central Florida
President Obama’s principal economic argument for reelection now appears to be that he has an excuse for the U.S. economy’s extremely weak recovery from the deep recession of 2007 to 2009: that recoveries after financial crises are always slow.
The one thing on which our political leaders seem to agree is the need for corporate tax reform. But amid all of the promising rhetoric there is significant cause for concern. Many proposals, particularly those of Messrs. Obama and Santorum, seem to have unlearned many of the lessons of modern economics.
If something cannot go on forever, it will stop. But even with the super committee's failure we may be able to avoid a sudden, calamitous stop—and provide a government worthy of the 21st century for all Americans.
How do we define competitiveness, and is it worth pursuing as a policy goal? In what ways do countries compete in various areas, including education, intellectual property, health care and taxes? This AEI conference will be the first of a two-part series in which scholars will present new research on competitiveness. Each paper will be presented by its author(s), followed by comments from an expert and questions from the audience.
The smart money in Washington is betting that the super committee will fail because the two parties cannot find common ground. But there is common ground for the taking. We suggest three principles that should command broad bipartisan support.
This updated second edition details a better approach to health care, offering fundamental reform alternatives centering on tax changes, insurance market changes, and redesigning Medicare and Medicaid.