His practices in the critical area of economic policy are of particular interest in that they exemplify the much praised but rarely practiced procedure of multiple advocacy in which policy disagreements are rigorously debated in the president’s presence, with all important points of view accorded careful consideration. These exchanges occurred in a body Ford established …: the Economic Policy Board. … Ford met at least once a week with thee EPB, welcoming debate and constructive disagreements. (119)
And here, discussing Ford’s “cognitive style”:
Alan Greenspan, who chaired Ford’s Council of Economic Advisers (CEA), has provided an insightful account … His first impression, Greenspan remarked, was that Ford lacked the capacity to engage in abstract reasoning. The consistency of Ford’s concrete economic decisions persuaded him otherwise.
It was Greenspan’s further observation that Ford found it enjoyable to discuss economics with him, even when there was no pending decision that made doing so necessary. Similarly, Greenspan’s CEA colleague Burton Malkiel commented that although it took Ford some time to grasp difficult economic concepts, ‘He always ended up with a very firm grasp of the issues and a complete maste4ry of the complexities that might be involved. He loved to hear things argued out in front of him and would often ask the most insightful questions of the participants in the debate.” (124)
--Fred
(Second ed. 2004)
I think Greenstein probably paints a fair picture here, and that Ford probably deserves the credit that Greenstein seems to give him. But you’d have to say also that he seems to have run a pretty good number on the economists. “He listened to us,” says Greenspan, “and he learned from us,” adds Malkiel. Flattery will get you everywhere. It’s almost poignant.
No comments:
Post a Comment