Jim Bohannon asked me, as a final question, what I would do if I were the world’s economics czar, and to ignore political consequences for a moment. I had something like 15 seconds to answer.
My original answer was: “I’d eliminate my position.” But, as this was talk radio, both he and the listeners wanted to hear what I would say anyway. So I acquiesced and answered:
There really wasn’t time to elaborate, or to think harder about what else to add. Without sounding like an anarcho-nutcase, which I suppose at times some might think of me as, I would have added the following to the short list if the time were there:
Of course, there could be dozens more. But for the sake of a soundbite, I think I would stick with these to start.
UPDATE: Notice that as czar I would not propose the creation of anything, at least not as one of my top priorities.