Authors

Austan Goolsbee

President and CEO

Federal Reserve Bank of Chicago

AUSTAN GOOLSBEE is president and chief executive officer of the Federal Reserve Bank of Chicago. Prior to becoming president of the Chicago Fed in January 2023, Goolsbee served as the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business where he first joined the faculty in 1995. Goolsbee served as a member and then chairman of the Council of Economic Advisers from 2009 through 2011 and was a member of the President’s cabinet. He has also served on the Board of Education for the City of Chicago, the Economic Advisory Panel to the Federal Reserve Bank of New York, the Panel of Economic Advisers to the Congressional Budget Office, the U.S. Census Advisory Committee, the Digital Economy Board of Advisors to the Commerce Department, and the External Advisory Group on Digital Technology for the International Monetary Fund. Goolsbee has a PhD in economics from the Massachusetts Institute of Technology and a BA and MA in economics from Yale University. He is married and has three children.

Publications

A Policy Agenda to Develop Human Capital for the Modern Economy

This proposal recognizes the simultaneous need for more college educated workers and also for a higher level of labor market skill among non-college educated individuals. The authors propose to invest in the upskilling of the American workplace by better leveraging the potential of the community college sector.