Posted by David Bernstein:
The Economy is in Good Hands:
http://volokh.com/archives/archive_2009_05_31-2009_06_06.shtml#1243866870
N.Y. Times:
It is not every 31-year-old who, in a first government job, finds
himself dismantling General Motors and rewriting the rules of
American capitalism.
But that, in short, is the job description for Brian Deese, a
not-quite graduate of Yale Law School who had never set foot in an
automotive assembly plant until he took on his nearly unseen role
in remaking the American automotive industry.
Nor, for that matter, had he given much thought to what ailed an
industry that had been in decline ever since he was born....
Mr. Deese�s role is unusual for someone who is neither a formally
trained economist nor a business school graduate, and who never
spent much time flipping through the endless studies about the
future of the American and Japanese auto industries.
It's funny, but just the other day I was telling my wife that I hope
the automobile industry's future (and, more broadly, the economy's] is
in the hands of early 30-something political operatives with law
degrees from Yale who have no formal background in business,
economics, engineering, or marketing.
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