US Less Educated Than Bulgaria? - Austan Goolsbee

Complete video at: http://fora.tv/2009/10/22/A_Conversation_with_US_Chief_Economist_Austan_Goolsbee

Austan Goolsbee, Economics Adviser to Barack Obama, iterates the importance of mathematic literacy for the U.S. The low rates of college-educated young Americans indicate a bleak financial future for the country, he says.

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Economics adviser to Barack Obama during the campaign, and now a member of the President's Council of Economic Advisers and chief economist of the Economic Recovery Advisory Board, Austan Goolsbee is a key figure in framing the economic thinking of the Obama administration.

Perhaps most importantly for Silicon Valley, he's an economist clued in to the tech world. His economics papers cover such topics as the impact of taxes on technology diffusion, the impact of internet subsidies on public schools, and the economic impact of leisure time spent on the internet.

He's worked closely with Richard Thaler and Cass Sunstein of Nudge fame, and thinks a lot about the power of default options to shape behavior, a topic that any web developer should also know by heart. - Web 2.0 Summit

Austan Goolsbee is a member of the Council of Economic Advisers. Goolsbee is also serving as staff director and chief economist on the President's Economic Recovery Advisory Board.

Goolsbee was the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business. He was an economic adviser to Barack Obama's 2004 Senate race before becoming a senior economic adviser to Senator Obama's 2008 Presidential campaign.

He is a member of the panel of Economic Advisers to the Congressional Budget Office, a research associate at the National Bureau of Economic Research, and a research fellow at the American Bar Foundation. He is a Senior Economist to the Democratic Leadership Council and the Progressive Policy Institute. He is also a frequent contributor to the New York Times. He was recently a Fulbright Scholar and a recipient of an Alfred P. Sloan Fellowship.

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[kaziqta]

why don't you all suck my Bulgarian dick :) i'm sure that 99% of you don't even know where Bulgaria is... and indeed... couple of years a go... we won the world math olympiad... we're 2-nd in physics and I think... 4-th in informatics

[Tihbialdunav]

US is not righ below, it's FAR behind Bulgaria in education. What Americans study in college, we study in high school. And I'm not even mentioning foreign language skills, but math, literature, chemistry and computer science...Most high-tech US companies rely on foreign labor force, mainly from Eastern Europe...

[ycMuxHaT]

@bridgettedunn Government in Bulgaria dont care at all for Bulgarians about anything but taking money from the poor, we dont have middle class here !

[zaples1]

@bridgettedunn не съм съвсем сигурен/на защо пишеш този коментар като отговор на моя...не мога да направя връзката...

[bridgettedunn]

@faelismaegnus Islam is just as stupid as Christianity. Throw the religions aside, and govern with SCIENCE. We are supposed to be smart, not believe in old myths, like Zeus, God, Allah, WHATEVER.

[bridgettedunn]

@whowaaa You can't blame it entirely on Communism. You guys dealt with years of war on your land and had have of your land stolen (Macedonia, part of Serbia, part of Romania, and part of Greece is Bulgarian land). Russia is doing ok despite their past communism. Our military has a communist/socialist system basically. And capitalism is a breeding ground for thieves and corruption. Systems are just distractions to keep you from seeing the true problems (thieves).

[bridgettedunn]

@kristhekiller1 We don't have an "education" system. It's a BUSINESS system. They charge students tens of THOUSANDS of dollars and put them into debt. The rich rob our country and the general population is getting poorer. I'll agree most Americans are stupid about the world. But that doesn't mean we all are. Just as I doubt every Bulgarian is smart. If the Christians would let the scientists take over, we'd be better off. The christians are the stupid ones. Sorry, but true.

[bridgettedunn]

@ycMuxHaT Do you think our country cares about us?? Half the people can't even get basic medical care. If someone gets sick they can lose EVERYTHING and the government doesn't care about anything except the money. At least Bulgaria is getting better. We are getting worse, fast...

[bridgettedunn]

@zaples1 Ummm, our country has the MOST corrupt politicians, and most of the regular people are so poor they can't afford basic medical care. We have no right to say ANYTHING about Bulgaria. Bulgaria is growing, and we are shrinking, period.

[bridgettedunn]

@kaziqta I suck Bulgarian dick all the time, with pleasure! My bf is from there. LOL!! And yes I know where it is, as well as it's history. Now I'm learning the language. I have high hopes that Bulgaria will rise in the next several years! American "freedom" is a joke, and our system is hanging by a thread, full of corruption. I teach myself through books, etc, because most of our universities only care about the student's money, not their education (I feel my university was a rip-off)

[makedonBULGAR]

Bulgaria basic in the core of European civilization!

[andi9111100]

When BULGARIA became a republic,you fucking Americans were eating shit with the indians !