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President-elect Barack Obama filled the last of the four top economic positions Monday, announcing that his Council of Economic Advisers will be chaired by University of California at Berkeley economist Christina D. Romer, who was a subject of national indignation earlier this year when Harvard did not offer her a tenured professorship. Economists, including Harvard professor N. Gregory Mankiw, a former CEA chief under President Bush, have hailed Obama’s pick as an “excellent choice.” Though the role of the CEA has been diminished since former President Clinton created the National...
...Federal Reserve, will be his Treasury Secretary, and Larry Summers, a former Treasury Secretary, will lead his National Economic Council at the White House. He also named Melody Barnes, a longtime aide to Senator Edward Kennedy, to lead his Domestic Policy Council; and Christine Romer, a University of California, Berkeley, economist, to chair the Council of Economic Advisers, two other White House policy shops. Obama said this group would put some flesh on the bones of an economic stimulus plan and that he would in "coming weeks" share their outline with the American people...
...risks of unabated climate change are frightening: A detailed new study from the University of California, Berkeley, predicts that severe warming could cost California alone up to $50 billion annually, due chiefly to weather damage. "We have to have the foresight to avoid this crash," says David Roland-Holst, a professor of economics at Berkeley and the author of the report. The question is: Do Obama - and other world leaders - possess that foresight...
That's why renewables-industry leaders say Obama's first priority has to be energy. If we get this wrong now, we'll put ourselves in an enormous hole - and the consequences, as the Berkeley study makes clear, are pretty scary themselves. "It's like guiding a supertanker to avoid a distant collision," says Roland-Holst. It's time for all hands on deck...
...nearly had a heart attack.' PAUL KALAS, of the University of California, Berkeley, whose team of scientists snapped one of the first photographs of a planet outside our solar system...