When Texans suffered from the collapse of the oil... - Austan Goolsbee Quotes

Austan Dean Goolsbee is an American economist and the Robert P. Gwinn Professor of Economics at The University of Chicago's Booth School of Business. Goolsbee formerly served as the Chairman of the Council of Economic Advisers and was the youngest member of the cabinet of President Barack Obama.

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When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions.

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deicy edited1+ month ago

When Texans suffered from the collapse of the oil... - Austan Goolsbee Quotes