Document Type

Lessons Learned

JEL Codes

G01, G28


Jason Furman was a top economic adviser to the successful presidential campaign of Barack Obama in 2008. He played a key role in most of President Obama’s major economic policies during and in the aftermath of the Global Financial Crisis of 2007–09. Furman, who had served at both the Council of Economic Advisers and National Economic Council during the Clinton administration, served as Chairman of the Council of Economic Advisers from August 2013 to January 2017, acting as President Obama’s chief economist and a member of the cabinet. He is currently Professor of the Practice of Economic Policy at the Harvard Kennedy School and nonresident senior fellow at the Peterson Institute for International Economics. This “Lessons Learned” is based on an interview with Mr. Furman.

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