Tom Williams via Getty Images President Donald Trump tweeted on Friday that he will nominate Stephen Moore to serve on the Federal Reserve's Board of Governors. On Friday, in what would be the economist’s greatest, most frightening achievement, Trump announced that he will nominate Moore to the Federal Reserve’s Board of Governors. Prior to the Trump presidency, Moore’s most prominent policymaking experience was a disastrous tax experiment in Kansas. It’s not exactly a secret that the political operatives who hire economists in Washington don’t actually care if economists get things right. If a hack like Stephen Moore can land a job at the Fed, why keep funding all these think tanks and policy shops?

Source: Huffington Post March 22, 2019 20:40 UTC