by Mario Rizzo
In a surprising development, Mario Rizzo was offered, but turned down, a position on President Obama’s Council of Economic Advisors. He suggested that a good alternative would be Peter Boettke of George Mason University. Unfortunately, Peter Boettke also turned down the position saying that it would interfere with his duties as editor of the Review of Austrian Economics. He, in turn, recommended Walter Block of Loyola University who accepted with great pleasure. Professor Block said that this is the greatest honor he has ever been given. He immediately proposed what he called an Austrian-style stimulus package. His people refused to elaborate.