Saturday, April 28, 2018

Boring Yale Professor Appointed Chief Economist at World Bank

For the record.

 Pinelopi Koujianou Goldberg, Elihu Professor of Economics at Yale University, has been named World Bank Group Chief Economist.

She is a Greek and US national,  and Vice-President of the American Economic Association. From 2011-2017, she was Editor-in-Chief of the American Economic Review.

No doubt things will be much more boring under her watch than that of her predecessor in the post, Paul Romer.

Romer was first stripped of his management duties at the bank and then pushed out.

Just months before joining the bank, he heroically wrote a paper that quite properly trashed macroeconomics as a math-obsessed pseudoscience. Goldberg, a member of the Executive Committee of the Econometric Society, is not likely to write such a paper.

-Robert Wenzel