Thursday, September 25, 2008
Prestigious Group of 192 Economists - Including Nobel Prize Winners - Slams Bailout
The following group of prominent economists, including numerous Nobel Prize winners, has written a letter slamming the bailout proposal:
- Acemoglu Daron (Massachusetts Institute of Technology)
- Adler Michael (Columbia University)
- Admati Anat R. (Stanford University)
- Alexis Marcus (Northwestern University)
- Alvarez Fernando (University of Chicago)
- Andersen Torben (Northwestern University)
- Baliga Sandeep (Northwestern University)
- Banerjee Abhijit V. (Massachusetts Institute of Technology)
- Barankay Iwan (University of Pennsylvania)
- Barry Brian (University of Chicago)
- Bartkus James R. (Xavier University of Louisiana)
- Becker Charles M. (Duke University)
- Becker Robert A. (Indiana University)
- Beim David (Columbia University)
- Berk Jonathan (Stanford University)
- Bisin Alberto (New York University)
- Bittlingmayer George (University of Kansas)
- Boldrin Michele (Washington University)
- Brooks Taggert J. (University of Wisconsin)
- Brynjolfsson Erik (Massachusetts Institute of Technology)
- Buera Francisco J. (UCLA)
- Camp Mary Elizabeth (Indiana University)
- Carmel Jonathan (University of Michigan)
- Carroll Christopher (Johns Hopkins University)
- Cassar Gavin (University of Pennsylvania)
- Chaney Thomas (University of Chicago)
- Chari Varadarajan V. (University of Minnesota)
- Chauvin Keith W. (University of Kansas)
- Chintagunta Pradeep K. (University of Chicago)
- Christiano Lawrence J. (Northwestern University)
- Cochrane John (University of Chicago)
- Coleman John (Duke University)
- Constantinides George M. (University of Chicago)
- Crain Robert (UC Berkeley)
- Culp Christopher (University of Chicago)
- Da Zhi (University of Notre Dame)
- Davis Morris (University of Wisconsin)
- De Marzo Peter (Stanford University)
- Dubé Jean-Pierre H. (University of Chicago)
- Edlin Aaron (UC Berkeley)
- Eichenbaum Martin (Northwestern University)
- Ely Jeffrey (Northwestern University)
- Eraslan Hülya K. K.(Johns Hopkins University)
- Faulhaber Gerald (University of Pennsylvania)
- Feldmann Sven (University of Melbourne)
- Fernandez-Villaverde Jesus (University of Pennsylvania)
- Fohlin Caroline (Johns Hopkins University)
- Fox Jeremy T. (University of Chicago)
- Frank Murray Z.(University of Minnesota)
- Frenzen Jonathan (University of Chicago)
- Fuchs William (University of Chicago)
- Fudenberg Drew (Harvard University)
- Gabaix Xavier (New York University)
- Gao Paul (Notre Dame University)
- Garicano Luis (University of Chicago)
- Gerakos Joseph J. (University of Chicago)
- Gibbs Michael (University of Chicago)
- Glomm Gerhard (Indiana University)
- Goettler Ron (University of Chicago)
- Goldin Claudia (Harvard University)
- Gordon Robert J. (Northwestern University)
- Greenstone Michael (Massachusetts Institute of Technology)
- Guadalupe Maria (Columbia University)
- Guerrieri Veronica (University of Chicago)
- Hagerty Kathleen (Northwestern University)
- Hamada Robert S. (University of Chicago)
- Hansen Lars (University of Chicago)
- Harris Milton (University of Chicago)
- Hart Oliver (Harvard University)
- Hazlett Thomas W. (George Mason University)
- Heaton John (University of Chicago)
- Heckman James (University of Chicago - Nobel Laureate)
- Henderson David R. (Hoover Institution)
- Henisz, Witold (University of Pennsylvania)
- Hertzberg Andrew (Columbia University)
- Hite Gailen (Columbia University)
- Hitsch Günter J. (University of Chicago)
- Hodrick Robert J. (Columbia University)
- Hopenhayn Hugo (UCLA)
- Hurst Erik (University of Chicago)
- Imrohoroglu Ayse (University of Southern California)
- Isakson Hans (University of Northern Iowa)
- Israel Ronen (London Business School)
- Jaffee Dwight M. (UC Berkeley)
- Jagannathan Ravi (Northwestern University)
- Jenter Dirk (Stanford University)
- Jones Charles M. (Columbia Business School)
- Kaboski Joseph P. (Ohio State University)
- Kahn Matthew (UCLA)
- Kaplan Ethan (Stockholm University)
- Karolyi, Andrew (Ohio State University)
- Kashyap Anil (University of Chicago)
- Keim Donald B (University of Pennsylvania)
- Ketkar Suhas L (Vanderbilt University)
- Kiesling Lynne (Northwestern University)
- Klenow Pete (Stanford University)
- Koch Paul (University of Kansas)
- Kocherlakota Narayana (University of Minnesota)
- Koijen Ralph S.J. (University of Chicago)
- Kondo Jiro (Northwestern University)
- Korteweg Arthur (Stanford University)
- Kortum Samuel (University of Chicago)
- Krueger Dirk (University of Pennsylvania)
- Ledesma Patricia (Northwestern University)
- Lee Lung-fei (Ohio State University)
- Leeper Eric M. (Indiana University)
- Leuz Christian (University of Chicago)
- Levine David I.(UC Berkeley)
- Levine David K.(Washington University)
- Levy David M. (George Mason University)
- Linnainmaa Juhani (University of Chicago)
- Lott John R. Jr. (University of Maryland)
- Lucas Robert (University of Chicago - Nobel Laureate)
- Luttmer Erzo G.J. (University of Minnesota)
- Manski Charles F. (Northwestern University)
- Martin Ian (Stanford University)
- Mayer Christopher (Columbia University)
- Mazzeo Michael (Northwestern University)
- McDonald Robert (Northwestern University)
- Meadow Scott F. (University of Chicago)
- Mehra Rajnish (UC Santa Barbara)
- Mian Atif (University of Chicago)
- Middlebrook Art (University of Chicago)
- Miguel Edward (UC Berkeley)
- Miravete Eugenio J. (University of Texas at Austin)
- Miron Jeffrey (Harvard University)
- Moretti Enrico (UC Berkeley)
- Moriguchi Chiaki (Northwestern University)
- Moro Andrea (Vanderbilt University)
- Morse Adair (University of Chicago)
- Mortensen Dale T. (Northwestern University)
- Mortimer Julie Holland (Harvard University)
- Muralidharan Karthik (UC San Diego)
- Nanda Dhananjay (University of Miami)
- Nevo Aviv (Northwestern University)
- Ohanian Lee (UCLA)
- Pagliari Joseph (University of Chicago)
- Papanikolaou Dimitris (Northwestern University)
- Parker Jonathan (Northwestern University)
- Paul Evans (Ohio State University)
- Pejovich Svetozar (Texas A&M University)
- Peltzman Sam (University of Chicago)
- Perri Fabrizio (University of Minnesota)
- Phelan Christopher (University of Minnesota)
- Piazzesi Monika (Stanford University)
- Piskorski Tomasz (Columbia University)
- Rampini Adriano (Duke University)
- Reagan Patricia (Ohio State University)
- Reich Michael (UC Berkeley)
- Reuben Ernesto (Northwestern University)
- Roberts Michael (University of Pennsylvania)
- Robinson David (Duke University)
- Rogers Michele (Northwestern University)
- Rotella Elyce (Indiana University)
- Ruud Paul (Vassar College)
- Safford Sean (University of Chicago)
- Sandbu Martin E. (University of Pennsylvania)
- Sapienza Paola (Northwestern University)
- Savor Pavel (University of Pennsylvania)
- Scharfstein David (Harvard University)
- Seim Katja (University of Pennsylvania)
- Seru Amit (University of Chicago)
- Shang-Jin Wei (Columbia University)
- Shimer Robert (University of Chicago)
- Shore Stephen H. (Johns Hopkins University)
- Siegel Ron (Northwestern University)
- Smith David C. (University of Virginia)
- Smith Vernon L.(Chapman University- Nobel Laureate)
- Sorensen Morten (Columbia University)
- Spiegel Matthew (Yale University)
- Stevenson Betsey (University of Pennsylvania)
- Stokey Nancy (University of Chicago)
- Strahan Philip (Boston College)
- Strebulaev Ilya (Stanford University)
- Sufi Amir (University of Chicago)
- Tabarrok Alex (George Mason University)
- Taylor Alan M. (UC Davis)
- Thompson Tim (Northwestern University)
- Tschoegl Adrian E. (University of Pennsylvania)
- Uhlig Harald (University of Chicago)
- Ulrich, Maxim (Columbia University)
- Van Buskirk Andrew (University of Chicago)
- Veronesi Pietro (University of Chicago)
- Vissing-Jorgensen Annette (Northwestern University)
- Wacziarg Romain (UCLA)
- Weill Pierre-Olivier (UCLA)
- Williamson Samuel H. (Miami University)
- Witte Mark (Northwestern University)
- Wolfers Justin (University of Pennsylvania)
- Woutersen Tiemen (Johns Hopkins University)
- Zingales Luigi (University of Chicago)
- Zitzewitz Eric (Dartmouth College)
They are not alone. See this, this, this, this, this, this, this, this and this.
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