Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Obama Brain Trust's Key 'Ism' Is Pragmatism

Team of behavioral economists bucks convention, ideology

By Jonas Oransky,  Newser Staff

Posted Feb 29, 2008 9:38 AM CST

(Newser) – Barack Obama’s brain trust leans heavily on behavioral economics, the New Republic reports, with academics who start small in their analyses—looking at everyday anomalies—and are relatively ideology-free pragmatists. From his top economic adviser to his health-care and Social Security aides, Obama is surrounded not by "big-think public intellectuals," but rather experts motivated by policy that better accounts for human behavior.

Such academics tend to come from a right-leaning world and aren't threatened by conventional wisdom; they may err less than Clintonites on the side of cautiously mimicking Republicans. But a minimum of ideology among Obamanauts doesn't mean they lack ambition: These would-be leaders want an automatic tax return, the global elimination of nuclear weapons and cap-and-trade arrangements that would drop carbon emissions.

Behavioral economist icon Richard Thaler is seen in this University bio photo.
Behavioral economist icon Richard Thaler is seen in this University bio photo.   (chicagogsb.edu)
Democratic presidential hopeful Sen. Barack Obama, D-Ill., waves to the crowd as he works the rope line after speaking at a campaign rally at the University of Cincinnati Monday, Feb. 25, 2008, in Cincinnati, Ohio. (AP Photo/Rick Bowmer)
Democratic presidential hopeful Sen. Barack Obama, D-Ill., waves to the crowd as he works the rope line after speaking at a campaign rally at the University of Cincinnati Monday, Feb. 25, 2008, in Cincinnati,...   (Associated Press)
Democratic presidential hopeful Sen. Barack Obama, D-Ill., makes remarks during a rally Monday, Feb. 25, 2008, in Cincinnati, Ohio. (AP Photo/Rick Bowmer)
Democratic presidential hopeful Sen. Barack Obama, D-Ill., makes remarks during a rally Monday, Feb. 25, 2008, in Cincinnati, Ohio. (AP Photo/Rick Bowmer)   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Obama's New Economic Adviser: Austan Goolsbee

Obama Smackdown: 'Sarah Palin's No Expert'

Ahmadinejad Mocks Obama as 'Cowboy'

Obama, Medvedev Sign Off on Nuclear Treaty

Gov't Will Slash Greenhouse Emissions: Obama


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne