Senate confirms appointment of professor to White House council

Photo: Carl Shapiro
Carl Shapiro/Courtesy
Carl Shapiro


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Correction Appended

The U.S. Senate confirmed Thursday the appointment of Carl Shapiro, a UC Berkeley Economics and Haas School of Business professor, to the Council of Economic Advisers.

Nominated by President Barack Obama in February, Shapiro recently transferred from his position as an economist in the antitrust division of the Department of Justice to his new role on the White House council.

Shapiro was selected to replace Cecilia Rouse, a professor of economics and public affairs at Princeton University, who decided to return to her teaching post.

In his new role, Shapiro will be part of a three-member panel appointed to the council by the president to offer objective economic advice on the formulation of both domestic and international economic policy.

"Carl is a terrific appointment to the council," said Aaron Edlin, a UC Berkeley economics professor who served as senior economist on the council during the Clinton administration. "He is clear-headed about policy, and he has the good judgment to distinguish what's truly a pertinent aspect of economic theory and how to apply it to a given policy problem."

Since 1993, three UC Berkeley professors have served as chairs on the council.

Christina Romer, a professor of economics who is currently a co-director of the Program in Monetary Economics for the National Bureau of Economic Research, served as chair from 2009 to 2010. Janet Yellen, also a professor of economics, was appointed to the position by President Bill Clinton in 1997 and served on the council until 1999. Laura Tyson, a former UC Berkeley professor of business administration also chaired the committee from 1993 to 1995.

Shapiro, who earned his doctorate in economics in 1981 from the Massachusetts Institute of Technology, has been a member of the UC Berkeley faculty since 1990. From 1998 to 2008, Shapiro served as the campus's director of the Institute of Business and Economic Research.

In addition to his work with the Justice Department and the Antitrust Division Economic Analysis Group, he was also a consultant for private companies as well as the Federal Trade Commission and is a co-author of the book "Information Rules: A Strategic Guide to the Network Economy."

Andrew Rose, an associate dean and chair of the faculty at Haas School of Business, has been a colleague of Shapiro for 20 years and said Shapiro is an excellent choice for the appointment.

"Shapiro is knowledgeable in many different areas," Rose said. "This continues in the Berkeley tradition of taking strong views in important positions in Washington."

Tags: BARACK OBAMA, U.S. SENATE, COUNCIL OF ECONOMIC ADVISERS

Correction: Thursday, April 21, 2011
A previous version of this article incorrectly stated that Carl Shapiro is an assistant professor of economics and public policy. In fact, he is an Economics and Haas School of Business professor. The Daily Californian regrets the error.

The Daily Californian regrets the error.

Contact Theresa Adams at [email protected]



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