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NEW: An investigation into the academic record of the Fed Reserve’s Lisa Cook raises quest
Posted on 4/11/24 at 9:23 am
Posted on 4/11/24 at 9:23 am
[img]Daily Wire
@realDailyWire
NEW: An investigation into the academic record of the Federal Reserve’s Lisa Cook raises major questions[/img]
https://www.dailywire.com/news/trouble-at-the-fed
[img]Lisa D. Cook is one of the world’s most powerful economists. She taught economics at Harvard University and Michigan State University and served on the Obama administration’s Council of Economic Advisers before being appointed, in 2022, to the Federal Reserve Board of Governors, which controls the interest rates and money supply of the United States.[/img]
@realDailyWire
NEW: An investigation into the academic record of the Federal Reserve’s Lisa Cook raises major questions[/img]
https://www.dailywire.com/news/trouble-at-the-fed
[img]Lisa D. Cook is one of the world’s most powerful economists. She taught economics at Harvard University and Michigan State University and served on the Obama administration’s Council of Economic Advisers before being appointed, in 2022, to the Federal Reserve Board of Governors, which controls the interest rates and money supply of the United States.[/img]
quote:
Despite her pedigree, questions have long persisted about her academic record. Her publication history is remarkably thin for a tenured professor, and her published work largely focuses on race activism rather than on rigorous, quantitative economics. Her nomination to the Fed required Vice President Kamala Harris to cast a tie-breaking vote; by contrast, her predecessor in the seat, Janet Yellen, now Treasury secretary, was confirmed unanimously.
quote:
The quality of her scholarship has also received criticism. Her most heralded work, 2014’s “Violence and Economic Activity: Evidence from African American Patents, 1870 to 1940,” examined the number of patents by black inventors in the past, concluding that the number plummeted in 1900 because of lynchings and discrimination. Other researchers soon discovered that the reason for the sudden drop in 1900 was that one of the databases Cook relied on stopped collecting data in that year. The true number of black patents, one subsequent study found, might be as much as 70 times greater than Cook’s figure, effectively debunking the study’s premise.
Cook also seems to have consistently inflated her own credentials. In 2022, investigative journalist Christopher Brunet pointed out that, despite billing herself as a macroeconomist, Cook had never published a peer-reviewed macroeconomics article and had misrepresented her publication history in her CV, claiming that she had published an article in the journal American Economic Review. In truth, the article was published in American Economic Review Papers and Proceedings, a less prestigious, non-peer-reviewed magazine.
Posted on 4/11/24 at 9:26 am to boomtown143
quote:
and her published work largely focuses on race activism rather than on rigorous, quantitative economics.
Posted on 4/11/24 at 9:27 am to boomtown143
quote:
Her publication history is remarkably thin for a tenured professor, and her published work largely focuses on race activism rather than on rigorous, quantitative economics.
Chat GPT should be able to produce a few more research publications for her in the next couple of weeks to bolster her CV. Then she will be all good.
Posted on 4/11/24 at 9:27 am to boomtown143
DEI appointment doing DEI things...
Posted on 4/11/24 at 9:28 am to boomtown143
Every democrat is in over their head at their job. That’s why our country is in free fall.
Posted on 4/11/24 at 9:31 am to boomtown143
Maybe she can get on at Boeing.
Posted on 4/11/24 at 9:31 am to GBPackTigers
quote:
Every democrat is in over their head at their job. That’s why our country is in free fall.
I have yet to find a single Democrat held position that leaves me saying "Wow, that person is really on top of her game". There really is no competitive process for these roles.
Posted on 4/11/24 at 9:33 am to boomtown143
Replacing true professionals with activists carries consequences.
Posted on 4/11/24 at 9:34 am to boomtown143
Another incompetent black woman in a position to cause real havoc...whoda thunk it
Posted on 4/11/24 at 9:34 am to OccamsStubble
quote:
Planes and shite
...Hunnah.
This post was edited on 4/11/24 at 9:38 am
Posted on 4/11/24 at 10:11 am to boomtown143
quote:
concluding that the number plummeted in 1900 because of lynchings
Serious question. How many lynchings of blacks has there been?
Hundreds? Thousands? Tens of thousands?
It gets thrown about like it was a multiple times a day thing and I really find that hard to believe.
Posted on 4/11/24 at 10:13 am to boomtown143
I didn’t even have to look at a picture to know it was an affirmative action hire.
Posted on 4/11/24 at 10:58 am to boomtown143
quote:
Daily Wire
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