Donald Trump has just unveiled a 13-person economic advisory team.
This is not an encouraging list for advocates of free markets.
There is not a free market economist among them. In fact, they are mostly crony businessmen.
The only economists on the list are Stephen Moore who was instrumental in launching the evil Fair Tax proposal and Peter Navarro, who thinks a military confrontation with China is very likely.
Here's the full list:
Tom Barrack, chairman and chief executive officer of Colony Capital
Andy Beal, "banker, businessman, investor and poker player"
Stephen M. Calk, chairman and CEO of Federal Savings Bank
Steve Feinberg, hedge fund management
Harold Hamm, oil entrepreneur
Howard Lorber, President and CEO of Vector Group Ltd
Steve Mnuchin, banker, film producer and political fundraiser
John Paulson, billionaire hedge fund manager
Wilbur Ross, vulture capitalist
Steve Roth, founder and chairman of Vornado Realty Trust
Dan DiMicco, Chairman of the Board Nucor Corporation
David Malpass, founder and president of Encima Global LLC,was deputy assistant Treasury secretary in the Reagan administration and deputy assistant secretary of state in the George H.W. Bush administration.
and economists Moore and Navarro.
Of note, Larry Kudlow and Walter Block did not make the cut.
Trump's full statement on the group is here.