Austan Goolsbee is the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business, formerly serving as the Chairman of the Council of Economic Advisers and the youngest member of the cabinet of President Barack Obama. Goolsbee served on the three-member Council of Economic Advisers since the start of the Obama Administration until August 2011. He advised President Obama during his 2004 U.S. Senate race and was senior economic policy adviser during the 2008 Obama Presidential Campaign. He took over in September of 2010 as the Council’s Chairman, replacing Christina Romer, who had left to return to a teaching position at the University of
California at Berkeley.