My Choice for Vice President — UCLA’s Premier Economist, Edward Leamer


Ed Leamer is one of the world’s premier economists.  He’s a specialist in international trade, macro economic forecasting, macro economic policy analysis and econometrics — the statistical analysis of economic data.

I first met Ed in 1973 when I started graduate school in economics at Harvard where Ed was serving as a young professor. Even though he was a professor and I was a student, we instantly became friends and have remained extremely close friends over the years.  In 1975, Ed left Harvard for UCLA. I joined him there as a post doctoral fellow in 1977. I headed to Yale in 1980, but the three years with Ed were an exceptional education in how to pose and answer economic questions.

Ed and I have spent the intervening years discussing economic policy problems and solutions. We are of one mind on our domestic problems and foreign policy challenges and how to address them. This includes the paramount importance of fixing our institutions from the ground up and placing our children’s welfare at the center of all policy discussions.

When I wrote the first draft of, “Write Me In, But Don’t Send Me a Penny,” I thought it would be best to seek out a Vice President with foreign policy or military experience.  But as I thought about who I’d most want at my side if elected, Ed Leamer kept coming to mind. Obviously, proper decision making requires learning and questioning the facts — all the facts. It also requires consulting those with expertise and experience in the matter at hand. But in the final analysis, it requires intelligent, sober, and exceptional judgement. That’s what Ed Leamer brings to the table — a formidable mind capable of thinking carefully, critically, and maturely about problems, no matter their size or nature, and making the right calls based on everything that’s known as well as unknown about the problem at hand.

I’m absolutely delighted that Ed has agreed to run with me. There is a reason that Ed is one of the world’s most highly respected economists. His professional achievements are astounding, but his character and integrity are even more impressive.

 

Here’s Ed bio:

Edward Leamer is the Chauncey J. Medberry Professor of Management, Professor of Economics and Professor of Statistics at UCLA. He received a B.A. degree in mathematics from Princeton University and a Ph.D. degree in economics and an M.A. degree in mathematics from the University of Michigan. After serving as Assistant and Associate Professor at Harvard University he joined the University of California at Los Angeles in 1975 as Professor of Economics and served as Chair from 1983 to 1987. In 1990 he moved to the Anderson Graduate School of Management and was appointed to the Chauncey J. Medberry Chair. Professor Leamer is a Fellow of the American Academy of Arts and Sciences, and a Fellow of the Econometric Society. He is a Research Associate of the National Bureau of Economic Research and a visiting scholar at the International Monetary Fund and the Board of Governors of the Federal Reserve System. He is currently serving as the Director of the UCLA Anderson Forecast.

Dr. Leamer has published over 100 articles and 4 books . This research has been supported by continuous grants for over 25 years from the National Science Foundation, the Sloan Foundation and the Russell Sage Foundation. His research papers in econometrics have been collected in Sturdy Econometrics, published in the Edward Elgar Series of Economists of the 20th Century. His research in international economics and econometric methodology has been discussed in a chapter written by Herman Leonard and Keith Maskus in New Horizons in Economic Thought: Appraisals of Leading Economists.

Recent research interests of Professor Leamer include the North American Free Trade Agreement, the dismantling of the Swedish welfare state, the economic integration of Eastern Europe, Taiwan and the Mainland, and the impact of globalization on the U.S. economy.

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