Going to school on presidential politics
As an adviser in Barack Obama's campaign, U. of C. economics professor Austan Goolsbee finds himself caught in the NAFTA crossfire
When precocious 3rd grader Austan Goolsbee noticed that pencils were in short supply at school, he got his dad to front him money to buy a bulk package, then sold individual Ticonderogas to fellow 3rd graders at a profit.
That was the first successful experiment in microeconomics for someone who has become a star professor at the University of Chicago’s Graduate School of Business.
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