Tyler Goodspeed
Chair of the Council of Economic Advisers
Acting
In office
June 23, 2020 – January 7, 2021
PresidentDonald Trump
Preceded byTomas J. Philipson (Acting)
Succeeded byCecilia Rouse
Member of the Council of Economic Advisers
In office
May 22, 2019 – January 7, 2021
PresidentDonald Trump
Preceded byRichard Burkhauser
Succeeded byHeather Boushey
Personal details
Born
Tyler Beck Goodspeed

1984 or 1985 (age 38–39)
Exeter, New Hampshire, U.S.
Political partyRepublican
SpouseOliver McPherson-Smith
EducationHarvard University (BA, MA, PhD)
Emmanuel College, Cambridge (MPhil, PhD)

Tyler Beck Goodspeed (born 1984/1985)[1] is an American economist and economic historian who was the acting chairman of the Council of Economic Advisers from June 2020 to January 2021.[2] He resigned from his position on January 7 in the wake of the 2021 storming of the United States Capitol.

Early life and education

Goodspeed was born in Exeter, New Hampshire, and graduated from Phillips Exeter Academy in 2003.[3] He received his BA in economics and history, summa cum laude, from Harvard University in 2008, an MPhil in economic and social history from Emmanuel College, Cambridge, on a Gates Cambridge Scholarship in 2009, and returned to Harvard for his MA in 2011 and PhD in history, specializing in economic history, in 2014. His dissertation, Upon Daedalian Wings of Paper Money: Adam Smith, Free Banking, and the Financial Crisis of 1772, was supervised by a committee with Niall Ferguson, Benjamin M. Friedman, Richard Hornbeck, and Emma Georgina Rothschild.[4] He also received a PhD in economics from Cambridge University.[5]

Career

He was a junior research fellow (postdoc) in economics at St. John’s College at Oxford University from 2014 to 2017 and a lecturer in economics in the Department of Political Economy at King's College London from 2016 to 2017.[6][7][8]

In 2012, he published Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection.[9][10][11][12] His 2016 book, Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1772, analyses the collapse of the Ayr Bank in the Crisis of 1772.[13][14][15][16][17] His 2017 book, Famine and Finance: Credit and the Great Famine of Ireland, analyzes the role of credit markets in mitigating the impact of adverse environmental shocks.[18]

He joined the Council of Economic Advisers in 2017 as senior economist and then chief economist for macroeconomic policy.[19] He became a member in 2019.[20][21] Upon the resignation of Tomas J. Philipson, Goodspeed became acting Chair on June 23, 2020.[22] Goodspeed resigned from the CEA on January 7, 2021, following the 2021 storming of the United States Capitol.[23] His chief of staff released a statement saying "The events at the U.S. Capitol yesterday led Tyler to conclude his position was untenable."[24]

In March 2021 he became the Kleinheinz Fellow at the Hoover Institution at Stanford University.[25]

Personal life

Goodspeed is married to fellow academic Oliver McPherson-Smith.[26]

Books

  • Tyler Beck Goodspeed (2012). Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection. Oxford University Press. ISBN 978-0-19-994279-4.
  • Tyler Beck Goodspeed (2016). Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1722. Harvard University Press. ISBN 978-0-674-08888-7.
  • Tyler Beck Goodspeed (2017). Famine and Finance: Credit and the Great Famine of Ireland. Springer. ISBN 978-3-319-31765-6.

References

  1. ↑ Cook, Nancy (July 13, 2020). "White House Appoints Tyler Goodspeed to Lead Council of Economic Advisers". Politico. Retrieved July 14, 2020.
  2. ↑ "Staff". whitehouse.gov – via National Archives.
  3. ↑ "Student Excels in New Hampshire". Sun Journal. July 17, 2003. Retrieved July 14, 2020.
  4. ↑ Goodspeed, Tyler Beck (6 June 2014). "Upon Daedalian Wings of Paper Money: Adam Smith, Free Banking, and the Financial Crisis of 1772". Digital Access to Scholarship at Harvard.
  5. ↑ Tyler Goodspeed, Fellow – Hoover Institution
  6. ↑ Dr. Tyler Beck Goodspeed
  7. ↑ Tyler Goodspeed, Adjunct Scholar – Cato Institute
  8. ↑ Gates Cambridge Scholars 2008 – Gates Cambridge Trust
  9. ↑ Callahan, Gene (2013). "Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection". Review of Political Economy. 25 (4): 682–685. doi:10.1080/09538259.2013.837322. S2CID 154734483.
  10. ↑ Klausinger, Hansjoerg (18 May 2018). "Tyler Beck Goodspeed, Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection, Oxford et alia, Oxford University Press, 2012, pp. 194". History of Economic Ideas. 21 (3): 145–49 – via RePEc - Econpapers.
  11. ↑ Fontana, Giuseppe; Ononugbo, Michael (June 2014). "Tyler Beck Goodspeed, Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection (New York: Oxford University Press, 2012), pp. 216, $55. ISBN 978-0-19-984665-8". Journal of the History of Economic Thought. 36 (2): 262–265. doi:10.1017/S1053837214000297. S2CID 154533522 – via Cambridge Core.
  12. ↑ Skaggs, Neil T. (2014). "Rethinking the Keynesian Revolution". The European Journal of the History of Economic Thought. 21: 167–170. doi:10.1080/09672567.2013.870303. S2CID 154135353.
  13. ↑ Tribe, Keith (1 March 2018). "Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1772. By Tyler Beck Goodspeed (Cambridge, MA: Harvard University Press, 2016) Pp. xii+208. $39.95". The Journal of Modern History. 90 (1): 183–184. doi:10.1086/695902.
  14. ↑ Kosmetatos, Paul (16 October 2016). "Tyler Beck Goodspeed, Legislating instability: Adam Smith, Free Banking, and the financial crisis of 1772 (Cambridge, MA, and London: Harvard University Press, 2016. Pp. xii + 208. 23 figs. ISBN 9780674088887 Hbk. £29.95)". The Economic History Review. 69 (4): 1371–1373. doi:10.1111/ehr.12437.
  15. ↑ "Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1772". eh.net.
  16. ↑ Shovlin, John (2016). Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1772. By Tyler Beck Goodspeed . Cambridge, Mass.: Harvard University Press, 2016. xii + 298 pp. Illustrations, figures, tables, bibliography, notes, index. Cloth, $39.95. Vol. 90. pp. 808–810. doi:10.1017/S0007680517000228. ISBN 978-0-674-08888-7. S2CID 157881498 – via Cambridge Core. {{cite book}}: |journal= ignored (help)
  17. ↑ Allen, William A. (9 November 2016). "Legislating instability: Adam Smith, Free Banking, and the Financial Crisis of 1772 (book review)". Society of Professional Economists.
  18. ↑ Goodspeed, Tyler Beck (2017). Famine and Finance: Credit and the Great Famine of Ireland. Palgrave Macmillan. ISBN 978-3-319-31764-9.
  19. ↑ "President Donald J. Trump Announces Intent to Appoint Individual to a Key Administration Post", whitehouse.gov, May 9, 2019.
  20. ↑ https://www.govinfo.gov/content/pkg/ERP-2020/pdf/ERP-2020-appendixA.pdf
  21. ↑ "Congratulations ...", CEA/@WhiteHouseCEA Twitter page, May 28, 2019.
  22. ↑ "Senior Economic Adviser Leaving the White House". The Fiscal Times. Retrieved 2020-07-11.
  23. ↑ Haberman, Maggie; Tankersley, Jim (2021-01-07). "More resignations: A Trump economic adviser, deputy security adviser and Mick Mulvaney quit". The New York Times. ISSN 0362-4331. Retrieved 2021-01-07.
  24. ↑ Davidson, Kate (7 January 2021). "Top Trump Economic Adviser Resigns Following Capitol Riots". Wall Street Journal. Retrieved 13 September 2022.
  25. ↑ "Accomplished Economist Tyler Goodspeed Appointed Fellow at the Hoover Institution at Stanford University".
  26. ↑ Cook, Nancy (13 July 2020). "White House appoints Goodspeed to lead Council of Economic Advisers". POLITICO. Retrieved 2020-08-25.
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