Economists For Romney
Economists Supporting Mitt Romney for President
We enthusiastically endorse Governor Mitt Romney’s economic plan to
create jobs and restore economic growth while returning America to its
tradition of economic freedom. The plan is based on proven principles:
a more contained and less intrusive federal government, a greater
reliance on the private sector, a broad expansion of opportunity
without government favors for special interests, and respect for the
rule of law including the decision-making authority of states and
localities.
Applying these principles, Governor Romney would:
Reduce marginal tax rates on business and wage incomes and broaden
the tax base to increase investment, jobs, and living standards.
End the exploding federal debt by controlling the growth of
spending so federal spending does not exceed 20 percent of the
economy.
Restructure regulation to end “too big to fail,” improve credit
availability to entrepreneurs and small businesses, and increase
regulatory accountability, and ensure that all regulations pass
rigorous benefit-cost tests.
Improve our Social Security and Medicare programs by reducing
their growth to sustainable levels, ensuring their viability over the
long term, and protecting those in or near retirement.
Reform our healthcare system to harness market forces and thereby
reduce costs and increase quality, empowering patients and doctors,
rather than the federal bureaucracy.
Promote energy policies that increase domestic production, enlarge
the use of all western hemisphere resources, encourage the use of new
technologies, end wasteful subsidies, and rely more on market forces
and less on government planners.
In stark contrast, President Obama has failed to advance policies that
promote economic and job growth, focusing instead on increasing the
size and scope of the federal government, which increases the debt,
requires large tax increases, and burdens business with many new
financial and health care regulations. The result is an anemic
economic recovery and high unemployment. His future plans are to
double down on the failed policies, which will only prolong slow
growth and high unemployment.
President Obama has:
Relied on short-term “stimulus” programs, which provided little
sustainable lift to the economy, and enacted and proposed significant
tax increases for all Americans.
Offered no plan to reduce federal spending and stop the growth of
the debt-to-GDP ratio.
Failed to propose Social Security reform and offered a Medicare
proposal that relies on a panel of bureaucrats to set prices,
quantities, and qualities of healthcare services.
Favored a large expansion of economic regulation across many
sectors, with little regard for proper cost-benefit analysis and with
a disturbing degree of favoritism toward special interests.
Enacted health care legislation that centralizes health care
decisions and increases the power of the federal bureaucracy to impose
one-size-fits-all solutions on patients and doctors, and creates
greater incentives for waste.
Favored expansion of one-size-fits-all federal rulemaking, with an
erosion of the ability of state and local governments to make
decisions appropriate for their particular circumstances.
In sum, Governor Romney’s economic plan is far superior for creating
economic growth and jobs than the actions and interventions President
Obama has taken or plans to take in the future. This November, voters
will make a fundamental choice between differing visions of America’s
economic future.
Signed (affiliations listed for identification purposes only),
Gary Becker, Nobel laureate
Robert Lucas, Nobel laureate
Robert Mundell, Nobel laureate
Edward Prescott, Nobel laureate
Myron Scholes, Nobel laureate
Burton Abrams, University of Delaware
James D. Adams, Rensselaer Polytechnic Institute
Douglas Adie, Ohio University
Lee C. Adkins, Oklahoma State University
Richard Agnello, University of Delaware
James Ahiakpor, California State University, East Bay
William Albrecht, University of Iowa
Michael J. Alderson, Saint Louis University
John W. Allen, Texas A&M University
William Allen, University of California, Los Angeles
Fernando Alvarez, University of Chicago
Joe Antos, American Enterprise Institute
J. J. Arias, Georgia College
Scott Baier, Clemson University
Charles Baird, California State University, East Bay
Eric Baklanoff, The University of Alabama
Spencer Banzhaf, Georgia State University
Robert J. Barro, Harvard University [no surprise!]
William Beach, Alexandria, VA
Howard Beales, George Washington University
Stacie Beck, University of Delaware
Larry Belcher, Taylor University
Don Bellante, University of South Florida
Michael Bennett, Curry College
Bill Beranek, University of Georgia
Richard Bernstein, Temple University
Sanjai Bhagat, University of Colorado
Andrew Biggs, American Enterprise Institute
Robert Bise, Orange Coast College
Michael Block, University of Arizona
Cecil Bohanon, Ball State University
Michael Bond, University of Arizona
Carlos Bonilla, Airline Forecasts
Donald Booth, Chapman University
G. Geoffrey Booth, Michigan State University
Karl Borden, University of Nebraska
George Borts, Brown Universiy
Michael Boskin, Stanford University [no surprise!]
Edward H. Boss, Commission on Government Forecasting and
Accountability Illinois State Legislature
John Boyce, University of Calgary [??]
Edward Boyer, Temple University
Gordon Brady, glbradygroup.com
Daniel Brandt, Chevy Chase, MD
Ike Brannon, American Action Forum
David Brat, Randolph-Macon College
Charles Breeden, Marquette University
Ivan Brick, Rutgers University
Alex Brill, American Enterprise Institute
Roger Brinner, The Parthenon Group
David P. Brown, University of Wisconsin, Madison
James N. Brown, Rice University
Jeffrey Brown, University of Illinois, Urbana-Champaign
Edgar Browning, Texas A&M University
Eric Brucker, Widener University
Lawrence Brunner, Central Michigan University
Peter Brust, University of Tampa
Phillip Bryson, Brigham Young University
William K. Buchanan, Valdosta State University
Todd Buchholz, Sproglit, LLC
M. Northrup Buechner, St. John’s University
Van Bullock, New Mexico State University
Richard Burdekin, Claremont McKenna College
Richard Burkhauser, Cornell University
Andrew Busch, BMO Capital Markets
Henry Butler, George Mason University School of Law
William Butos, Trinity College
Frank Caliendo, Utah State University
Charles Calomiris, Columbia University
Colin Campbell, Dartmouth College
William Campbell, Louisiana State University
Robert Carey, Clemson University
Thomas Cargill, University of Nevada, Reno
Darcy Carr, Coastal Carolina University
James Carter, Vienna, VA
Mark Castelino, Rutgers Business School
Gary Caton, Montana State University
Richard J. Cebula, Jacksonville University
Dustin Chambers, Salisbury University
Robert Chatflield, University of Nevada, Las Vegas
Kenneth Chilton, Lindenwood University
John Chipman, University of Minnesota
Barry R. Chiswick, George Washington University
Lawrence Cima, John Carroll University
Richard Clarida, Columbia University
Jim Clark, Wichita State University
Kenneth Clarkson, University of Miami
Warren Coats Jr., International Monetary Fund, retired
John P. Cochran, Metropolitan State University of Denver
John Cochrane, University of Chicago [no surprise!]
John Cogan, Stanford University
John Coleman, Duke University
Boyd Collier, Tarleton State University
Peter Colwell, University of Illinois, Urbana Champaign
John Connaughton, University of North Carolina, Charlotte
Michael Connolly, University of Miami
Michelle Connolly, Duke University
Cathleen Coolidge, California State University, Chico
Kathleen Cooper, Southern Methodist University
Russell Cooper, Pennsylvania State University
Lee Coppock, University of Virginia
Bradford Cornell, California Institute of Technology
Michael Cosgrove, University of Dallas
Robert Costrell, University of Arkansas
Jim F. Couch, University of North Alabama
Joshua Coval, Harvard Business School
James Cover, University of Alabama
Ted Covey, McLean, VA
Eleanor Craig, University of Delaware
Nicole Crain, Lafayette College
W. Mark Crain, Lafayette College
Wayne Crews, Competitive Enterprise Institute
Thomas D. Crocker, University of Wyoming
John R. Crooker, University of Central Missouri
Dean Croushore, University of Richmond
Mario J. Crucini, Vanderbilt University
Ward Curran, Trinity College
David Cushman, Westminster College of PA
Carl Dahlman, US Department of Defense and RAND Corporation, retired
Michael Daniels, Columbus State University
Albert L. Danielsen, University of Georgia
Larry Dann, University of Oregon
Michael Darby, UCLA Anderson School
J. Ronnie Davis, University of New Orleans
Ronnie Davis, Florida Institute of Technology
Steven Davis, University of Chicago
A. Edward Day, University of Central Florida
Harry DeAngelo, University of Southern California
Linda DeAngelo, University of Southern California
Stephen J. DeCanio, University of California, Santa Barbara
Clarence Deitsch, Ball State University
Robert Dekle, University of Southern California
Christopher DeMuth, Hudson Institute
David B. H. Denoon, New York University
Joseph DeSalvo, University of South Florida, Tampa
Allan DeSerpa, Arizona State University
William Dewald, Ohio State University
Phoebus Dhrymes, Columbia University
John Diamond, Rice University
Arthur M. Diamond, Jr., University of Nebraska at Omaha
Jeffrey Dorfman, University of Georgia
William Dougan, Clemson University
Christopher Douglas, University of Michigan – Flint
Floyd H. Duncan, Virginia Military Institute
Joseph Duncan, Political and Economic Reserch Council
Gerald Dwyer, University of Carlos III, Madrid
Richard Eastin, University of Southern California
John Eckalbar, California State University, Chico
Robert Orland Edmister, Bowling Green State University
John Egger, Towson University
Isaac Ehrlich, State University of New York, Buffalo
Martin Eichenbaum, Northwestern University
Kathryn Eickhoff, Eickhoff Economics Inc.
Jeff Eisenach, American Enterprise Institute
Charles Elson, University of Delaware
Elyas Elyasiani, Temple University
Stephen Entin, Arlington, VA
Richard Ericson, East Carolina University
Dorla Evans, University of Alabama, Huntsville
James S. Fackler, University of Kentucky
Dino Falaschetti, Florida State University
Frank Falero, California State University, Bakersfield
Eugene Fama, University of Chicago
Dorsey D. Farr, French Wolf & Farr
W. Ken Farr, Georgia College and State University
Michael Faulkender, University of Maryland
Christopher Fawson, Utah State University
Allen Featherstone, Kansas State University
Susan Feigenbaum, University of Missouri, St. Louis
Martin Feldstein, Harvard University
Paul Feldstein, University of California, Irvine
David Findlay, Colby College
Eric Fisher, California Polytechnic State University
Garry Fleming, Roanoke College
Christopher Flinn, New York University
Harold Flint, Montclair State University, retired
Bill Ford, Federal Reserve Bank of Atlanta, former
Ralph Frasca, University of Dayton
Douglas Frechtling, George Washington University
Kenneth French, Dartmouth College
Luke Froeb, Vanderbilt University
Diana Furchtgott-Roth, Manhattan Institute for Policy Research
Esther Gal-Or, University of Pittsburgh
B. Delworth Gardner, Brigham Young University
John Garen, University of Kentucky
Dave Garthoff, The University of Akron
Ted Gayer, Brookings Institution
Gregory Gelles, Missouri University of Science and Technology
Aaron Gellman, Northwestern University
Robert Genetski, Classicalprinciples.com
Joseph Giacalone, St. John’s University
Adam Gifford Jr., California State University
David Gillette, Truman State University
Peter Gioia, Connecticut Business and Industry Association
James Giordano, Villanova University
Micha Gisser, University of New Mexico
William Glade, University of Texas, Austin
Amy Glass, Texas A&M University
Charles Goetz, University of Virginia
Joao Gomes, University of Pennsylvania
Rodolfo A. Gonzalez, San Jose State University
Marvin Goodfriend, Carnegie Mellon University
John Goodman, National Center for Policy Analysis
Lawrence Goodman, Bergen County, NJ
Barry Goodwin, North Carolina State University
Richard Gordon, Pennsylvania State University
Eric Graber, University of Maryland University College
Bob Grady, Cheyenne Capital Fund
Daniel Graham, Duke University
Phil Gramm, Former U.S. Senator, Texas
Wendy Gramm, Mercatus Center, retired
Richard Grant, Lipscomb University
Philip Graves, University of Colorado, Boulder
Anthony Greco, University of Louisiana, Lafayette
William Green, Sam Houston State University
Kenneth V. Greene, Binghamton University
Paul Gregory, University of Houston
Thomas Gresik, University of Notre Dame
Rachel Greszler, Bethesda, MD
Earl Grinols, Baylor University
Dan Gropper, Auburn University
Tim Groseclose, University of Southern California
Edward Guay, Wintonbury Risk Management
Darrin Gulla, University of Kentucky
Frank Gunter, Lehigh University, Colonel U.S. Marines, retired
RW Hafer, Southern Illinois University Edwardsville
Simon Hakim, Temple University
Dennis Halcoussis, California State University, Northridge
Tom Hamilton, University of St. Thomas
Gary Hansen, UCLA
Eric Hanushek, Stanford University
Stephen Happel, Arizona State University
Scott Harrington, University of Pennsylvania
Jerome Hass, Johnson School, Cornell University
Kevin Hassett, American Enterprise Institute
Arthur Havenner, University of California, Davis
Joel Hay, University of Southern California
Daniel Heath, Georgetown University Law Center
Gilbert Heebner, Eastern University
Scott Hein, Texas Tech University
Robert Heller, Former Member, Federal Reserve Board
Robert Helms, American Enterprise Institute
Mike Helvacian, New Jersey Institute of Technology
James Henderson, Baylor University
Wallace Hendricks, University of Illinois
Dana Hoag, Colorado State University
Robert J. Hodrick, Columbia Business School
John Hoehn, Michigan State University
Arlene Holen, Technology Policy Institute
Douglas Holtz-Eakin, American Action Forum
Thomas Howard, University of Denver
Glenn Hubbard, Columbia University
Thomas Hubbard, Northwestern University
Forrest Huffman, Temple University
James L. Huffman, Lewis & Clark Law School
J. Christoper Hughen, University of Denver
L. Dwight Israelsen, Utah State University
Mark Jamison, University of Florida
Dennis Jansen, Texas A&M University
Sherry Jarrell, Wake Forest University
William P. Jennings, California State University, Northridge
Gerald Jensen, Northern Illinois University
Dennis Johnson, University of South Dakota
Douglas Joines, University of Southern California
Jerry Jordan, Pacific Academy
G. Donald Jud, University of North Carolina, Greensboro
Richard Just, University of Maryland
Tim Kane, Hudson Institute
Alexander Katkov, Johnson & Wales University
Michael Kaylen, University of Missouri
Joe Kennedy, former Chief Economist, Department of Commerce
Carl Kester, Harvard Business School
Naveen Khanna, Michigan State University
Richard Kilmer, University of Florida
Kent Kimbrough, Duke University
Don Koch, Federal Reserve Bank of Atlanta, former
Meir Kohn, Dartmouth College
Betty Kouo, Caterpillar Inc.
Melvyn Krauss, Stanford University
Marie-Josée Kravis, Hudson Institute
Robert Krol, California State University, Northridge
Anne Krueger, Former World Bank Chief Economist
Ben Kyer, Francis Marion University
Richard La Near, Missouri Southern State University
Francis Laatsch, University of Southern Mississippi
Arthur Laffer, Laffer Associates
William Laird, Florida State University
Deepak Lal, UCLA
Douglas Lamdin, University of Maryland Baltimore County
Daniel Landau, University of Connecticut
Nicholas Lash, Loyola University Chicago
Edward Lazear, Stanford University
Don Leet, California State University, Fresno
Norman Lefton, Southern Illinois University, Edwardsville
Kenneth Lehn, University of Pittsburgh
Thomas Lenard, Technology Policy Institute
Adam Lerrick, American Enterprise Institute
David Lesmond, Tulane University
Irving Leveson, Leveson Consulting
Philip Levy, University of Virginia
Peter Lewin, University of Texas, Dallas
W. Cris Lewis, Utah State University
Stan Liebowitz, University of Texas, Dallas
Dean Lillard, Ohio State University
Tony Lima, California State University, East Bay
Jody Lipford, Presbyterian College
Luis Locay, University of Miami
Francis Longstaff, UCLA Anderson School
James R. Lothian, Fordham University
John Lott, Burke, VA
John Lunn, Hope College
R. Ashley Lyman, University of Idaho
Glenn MacDonald, Washington University in St. Louis
Maurice MacDonald, Kansas State University
John Makin, American Enterprise Institute
Keith Malone, University of North Alabama
David Malpass, Encima Global
Yuri Maltsev, Carthage College
Gershon Mandelker, University of Pittsburgh
Greg Mankiw, Harvard University
Henry Manne, George Mason University Law School
Anthony Marino, University of Southern California
Michael L. Marlow, Cal Poly, San Luis Obispo
Richard Marston, Wharton School
Deryl Martin, Tennessee Technological University
Timothy Mathews, Kennesaw State University
John Matsusaka, University of Southern California
David Mayers, University of California, Riverside
Thomas Mayor, University of Houston
John McArthur, Wofford College
Bennett McCallum, Carnegie Mellon University
John McDowell, Arizona State University
Martin McGuire, University of California-Irvine
Francis McLaughlin, Boston College
W. Douglas McMillin, Louisiana State University
William Megginson, University of Oklahoma
Roger Meiners, University of Texas at Arlington
Will Melick, Kenyon College
Allan Meltzer, Carnegie Mellon University
Stephen Mennemeyer, University of Alabama at Birmingham
John Merrifield, University of Texas-San Antonio
Todd Milbourn, Washington University in St. Louis
Geoffrey Miller, New York University
Jim Miller, OMB Director 1985-1988
Tom Miller, American Enterprise Institute
Jeffrey Miron, Harvard University
Ed Miseta, Pennsylvania State University
James Moncur, University of Hawaii at Manoa
Wilbur Monroe, US Treasury Department, retired
Michael Montgomery, University of Maine
Ron Moomaw, Oklahoma State University
John C. Moorhouse, Wake Forest University
Tim Muris, George Mason University
Frank Murray, University of Minnesota
John E. Murray, Rhodes College
David B. Mustard, University of Georgia
Richard F. Muth, Emory University
George Neumann, University of Iowa
Robert Newman, Louisiana State University
Robert D. Niehaus, Robert D. Niehaus, Inc.
Daniel O’Brien, McLean, VA
June O’Neill, Former Director of the Congressional Budget Office
Dave O’Neill, Baruch College
James B. O’Neill, University of Delaware
Norman Obst, Michigan State University
Lee Ohanian, UCLA
Lydia Ortega, San Jose State University
Donald Oswald, California State University, Bakersfield
Richard Palfin, Economic Analysis
Stephen Parente, University of Minnesota
Randall Parker, East Carolina University
Donald Parsons, George Washington University
Douglas Patterson, Virginia Tech
George G. Pennacchi, University of Illinois at Urbana-Champaign
Tim Perri, Appalachian State University
Mark Perry, University of Michigan-Flint, American Enterprise Institute
Christopher Phelan, University of Minnesota
Tomas J. Philipson, University of Chicago
G. Michael Phillips, California State University, Northridge
Gordon Phillips, University of Southern California
Charles Phillips, Jr, Washington and Lee University
Mario Picconi, University of San Diego
John Pisciotta, Baylor University
William Poole, Former President, Federal Reserve Bank of St. Louis
Michael Porter, Harvard University
Barry Poulson, University of Colorado Boulder
John Powers, The University of Cincinnati
Robert Premus, Wright State University
R. L. Promboin, University of Maryland University College
Stephen Pruitt, University of Missouri, Kansas City
Richard W. Rahn, Institute for Global Economic Growth
Garey Ramey, University of California, San Diego
Valerie Ramey, University of California, San Diego
James Ramsey, New York University
Brian Reardon, Venn Strategies, LLC
Ralph Reiland, Robert Morris University
Jon Reisman, University of Maine at Machias
Robert Rencher, Liberty University
Thomas Rhee, California State University, Long Beach
Mark William Rider, Georgia State University
Christine Ries, Georgia Institute of Technology
Mario Rizzo, New York University
Nancy Roberts, Arizona State University
Philip Romero, University of Oregon
David Rose, University of Missouri-St. Louis
Harvey Rosen, Princeton University
Larry Ross, University of Alaska Anchorage
Robert Rossana, Wayne State University
Timothy Roth, University of Texas at El Paso
James Roumasset, University of Hawaii
Charles Rowley, George Mason University
Paul Rubin, Emory University
John Ruggiero, University of Dayton
Philip Jay Rushing, University of Illinois
John Rutledge, Claremont Graduate University
Don Sabbarese, Kennesaw State University
Anthony Sanders, George Mason University
Gary Santoni, Ball State University
Atulya Sarin, Santa Clara University
Raymond Sauer, Clemson University
Jennifer Savage, Orange Coast College
E.S. Savas, Baruch College/CUNY
Jim Schallheim, University of Utah
Michael Schuyler, Arlington, VA
Roger Sedjo, Resources for the Future
Robert Seeley, Wilkes University
Richard Selden, University of Virginia
Barry Seldon, Florida State University
Sol S. Shalit, University of Wisconsin, Milwaukee
Alan Shapiro, University of Southern California
Tim Sheesley, Xcel Energy
Gary L. Shelley, East Tennessee State University
Judy Shelton, Atlas Economic Research Foundation
Ann Sherman, DePaul University
George Shultz, Former Secretary of the Treasury
Werner Sichel, Western Michigan University
Don Siegel, University at Albany, SUNY
Laurence Siegel, Chartered Financial Analyst Institute
Jonathan Silberman, Oakland University
Jay Edward Simkin, The Stratecon Group LLC
Evangelos Otto Simos, University of New Hampshire
Chuck Skipton, University of Tampa
Scott Smart, Indiana University
James F. Smith, EconForecaster, LLC
Janet Kiholm Smith, Claremont McKenna College
Richard L. Smith, University of California, Riverside
Donald Snyder, Utah State University
Douglas Southgate, Ohio State University
Lawrence Southwick, University at Buffalo
Chester Spatt, Carnegie Mellon University
David Spencer, Brigham Young University
Peter Sperry, Woodbridge, VA
Frank Spreng, McKendree University
Stan Spurlock, Mississippi State University
Michael Staten, University of Arizona
Robert Stauffer, Roanoke College
Craig Stephenson, Babson College
Derek Stimel, Menlo College
Joe Stone, University of Oregon
Gerry Suchanek , University of Iowa
Daniel Sumner, University of California, Davis
Scott Sumner, Bentley University
Phillip Swagel, University of Maryland
Richard Sweeney, Georgetown University
Moshe Syrquin, University of Miami
Robert Tamura, Clemson University
T. Craig Tapley, University of Florida
Jason Taylor, Central Michigan University
John Taylor, Stanford University
Rebecca Thacker, Ohio University
Teresa Tharp, Valencia College
Stephen Thode, Lehigh University
Shawn Thomas, University of Pittsburgh
James Thornton, Eastern Michigan University
William Thralls, Johnson & Wales University
Stephen A. Tolbert, Montgomery County Community College (PA)
Robert D. Tollison, Clemson University
Dang Tran, California State University, Los Angeles
Charles Trzcinka, Indiana University, Bloomington
George P. Tsetsekos, Drexel University
David G. Tuerck, Suffolk University
Roger Tutterow, Mercer Univiersity
A. Sinan Unur, Cornell University
Charles Upton, Kent State University
T. Norman Van Cott, Ball State University
Larry Van Horn, Vanderbilt University
David VanHoose, Baylor University
Karen Vaughn, George Mason University
Richard Vedder, Ohio University
J. Antonio Villamil, St. Thomas University
Richard Wagner, George Mason University
Donald Walker, Indiana University of PA
Ralph Walkling, Drexel University
Sherri Wall, University of Alaska Fairbanks
William Walstad, University of Nebraska, Lincoln
Ronald Ward, University of Florida
John Warner, Clemson University
Kevin Warsh, Stanford University
Mark Warshawsky, Social Security Advisory Board
Alan Rufus Waters, California State University, Fresno
Robert Weaver, Pennsylvania State University
Bruce Webb, Gordon College
Leon L. Wegge, University of California, Davis
Murray Weidenbaum, Washington University in St. Louis
Andrew Weintraub, Temple University
Walter Wessels, North Carolina State University
Robert Whaples, Wake Forest University
J. Gregg Whittaker, William Jewell College
Michael E. Williams, University of Denver
Wayne Winegarden, Arduin, Laffer & Moore Econometrics
Gary Wolfram, Hillsdale College
Colin Wright, Claremont Mckenna College
Steve B. Wyatt, Miami University
Tetsuji Yamada, Rutgers University
Yong Yang, Ford Motor Company
DeVon Yoho, Ball State University
Nancy Yonge, Center for American Strength
Mokhlis Zaki, Northern Michigan University
John Zdanowicz, Florida International University
Jerry Zimmerman, Univeristy of Rochester
Robert Zoellick, Former President of the World Bank
Benjamin Zycher, American Enterprise Institute
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