A recent news story that has gotten too little attention is that in September, Mitt Romney's campaign announced that Professor Glenn Hubbard of Columbia University had signed on to lead candidate Mitt Romney's economic policy team. Hubbard is one of the "anti-stars" of Charles Ferguson's searing polemic, Inside Job.
The most surprising section of that movie is its revelation that disciplinary economics has a problem akin to that of medical school faculty who have take unacknowledged payments from Big Pharma for medical "research" they publish. In his interview in the film, Hubbard stands out for his resistance to transparency about his financial connections to the financial service industry, despite the fact that he was a prominent academic advocate of the deregulation of derivitives, and other highly complex financial products, prior to the Great Recession that began in 2008. Now Hubbard is Mitt Romney's economic star.
If you have not yet seen Inside Job, it is worth seeing for the interview with Glenn Hubbard alone.
The most surprising section of that movie is its revelation that disciplinary economics has a problem akin to that of medical school faculty who have take unacknowledged payments from Big Pharma for medical "research" they publish. In his interview in the film, Hubbard stands out for his resistance to transparency about his financial connections to the financial service industry, despite the fact that he was a prominent academic advocate of the deregulation of derivitives, and other highly complex financial products, prior to the Great Recession that began in 2008. Now Hubbard is Mitt Romney's economic star.
If you have not yet seen Inside Job, it is worth seeing for the interview with Glenn Hubbard alone.
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