Move of the Week: Treasury Chief Economist Charles Steindel, a former Senior Vice President at the Federal Reserve Bank of New York, is moving on. After three overly optimistic revenue projections and six credit downgrades, he’ll head off to Ramapo College, where he’ll be in the same department as Murray Sabrin, who, we feel safe stating, shares very few of his views. Maybe the two could team teach a class in which Econ majors would be gob smacked by the contrasting views possible in the dismal science.Steindel was also at one time Chris Christie's chief economist.
Murray is a hardcore Austrian, I even identify him as such in the foreword to Austrian School Business Cycle Theory.
-RW
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