What China Knows That You Don't: U.S. Economists Are History's Biggest Patsies

Few economists have had a more distinguished career than Martin Feldstein. After graduating summa cum laude from Harvard in 1961, he became a fellow at Nuffield College, Oxford. In 1977, he won the John Bates Clark Medal, the most prestigious award in American economics. He went on to become chairman of the Council of Economic Advisors in the Reagan administration and is now a member of President Barack Obama’s Economic Recovery Advisory Board.