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We are proud to welcome Glenn Hubbard this week as a contributor to the Economic Viewpoint column. Hubbard has just been named dean of Columbia Business School, and his first day in the dean's office will be July 1. From February, 2001, to March, 2003, he served as chairman of the U.S. Council of Economic Advisers for President George W. Bush. As CEA chairman, he advised the President on economic, tax, health-care, and budget policy -- all the big stuff. His first government experience was as deputy assistant secretary at the U.S. Treasury's Tax Policy Dept. from 1991 to 1993 under George H.W. Bush.
Hubbard grew up in Apopka, Fla., a town of 2,000 north of Orlando. He studied engineering and economics at the University of Central Florida and received his PhD in economics at Harvard University. He first taught at Northwestern University and moved to Columbia in 1988, teaching economics and serving as senior vice-dean of the business school and co-director of the Entrepreneurship Program. Hubbard has sat on the advisory boards of the Council on Competitiveness, the American Council for Capital Formation, and the Tax Foundation.
As readers will soon discover, Hubbard is an eclectic conservative: His research spans corporate finance, international finance, monetary economics and, of course, tax policy. He will make a valuable addition to the Economic Viewpoint column. You can read his first column this week, in which he tackles the tough choices facing the nation on Social Security and Medicare. By Stephen B. Shepard, Editor-in-Chief