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The smartest economist you’ve never heard of

When David Lipton, a promising economist, was finishing his graduate work at Harvard University in the early 1980s, he faced one of those potentially life-changing choices. He had one job offer from the International Monetary Fund in Washington, the multinational institution that for 70 years has served as lender of last resort and dispenser of orthodox economic advice to countries that get into financial trouble. There was also an offer of a teaching job from the University of Virginia. Unsure of which path to take, he turned for advice to an intellectually restless and charismatic assistant professor, a Frenchman named Olivier Blanchard.

Steven Pearlstein (c) 2015, The Washington Post

Full Story: http://www.sltrib.com/home/3021319-155/the-smartest-economist-youve-never-heard

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