Gerald Friedman (economist)

Gerald Carl Friedman is an economics professor at the University of Massachusetts at Amherst.[1] He became nationally prominent during the 2016 U.S. Presidential election after writing an analysis of Democratic Party candidate Bernie Sanders campaign's policies.[2] Friedman received criticism from four former Chairs of the Council of Economic Advisers under both Presidents Clinton and Obama. Their open letter ends with the following quote...

"As much as we wish it were so, no credible economic research supports economic impacts of these magnitudes. Making such promises runs against our party’s best traditions of evidence-based policy making and undermines our reputation as the party of responsible arithmetic. These claims undermine the credibility of the progressive economic agenda and make it that much more difficult to challenge the unrealistic claims made by Republican candidates." [3]

According to a report in the Washington Post the letter from the Four former Chairs of The Council of Economic Advisers included an accusation that Professor Friedaman was affiliated with the Sanders' campaign.[4][5][6][7] Later, Friedman revealed that he was in fact a supporter of Sanders' only opponent in the 2016 Democratic primaries, Hillary Clinton.[8] A careful reading of the open letter from the four former Chairs reveals no explicit accusation that Professor Friedman is affiliated with Senator Sanders' presidential Campaign.[9]

http://billmoyers.com/story/the-sanders-economic-plan-controversy/

In describing Mr. Friedman's economic analysis, Paul Krugman - Nobel Laureate in Economics, has written, "Sorry, but there’s just no way to justify this stuff. For wonks like me, it is, frankly, horrifying."[10]

Biography

Friedman received his B.A., from Columbia University in 1977, and PhD. from Harvard University in 1986 with a thesis "Politics and unions : government, ideology and the labor movement in the United States and France, 1880-1914" [11]

Books

References

  1. ↑ "Gerald Friedman". U. Mass. Amherst: Department of Economics, Faculty.
  2. ↑ Friedman, Gerald (January 28, 2016). "What would Sanders do? Estimating the economic impact of Sanders programs" (PDF). Dollarsandsense.org.
  3. ↑ An Open Letter from Past CEA Chairs to Senator Sanders and Professor Gerald Friedman https://lettertosanders.wordpress.com/2016/02/17/open-letter-to-senator-sanders-and-professor-gerald-friedman-from-past-cea-chairs/
  4. ↑ Tankersley, Jim (February 18, 2016). "Top Democratic economists just launched a brutal attack on Bernie Sanders". Washington Post (blog).
  5. ↑ Johnson, Dave (February 23, 2016). "The Sanders “Economic Plan” Controversy: Economist Gerald Friedman did an analysis of Senator Bernie Sanders's plan suggesting it would produce significant growth in the economy – and then a group of left-leaning economists flipped out". Moyers & Company.
  6. ↑ Drum, Kevin (February 26, 2016). "Gerald Friedman's Analysis of the Sanders Spending Plan Just Took a Hit Below the Waterline". Mother Jones.
  7. ↑ Romer, Christina D.; Romer, David H. (February 25, 2016). "Senator Sanders's Proposed Policies and Economic Growth" (PDF). Wordpress.
  8. ↑ Tankersley, Jim (February 18, 2016). "The economist who vouched for Bernie Sanders’ big liberal plans is voting for Hillary Clinton". Washington Post.
  9. ↑ An Open Letter from Past CEA Chairs to Senator Sanders and Professor Gerald Friedman op. cit.
  10. ↑ "Varieties of Voodoo" New York Times, 2/19/2016
  11. ↑
  12. ↑ WorldCat book entry
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