In Search of Executive Economists

Richard Baldwin has forgotten his Oxford comma:

I was on panel with Alan Blinder, the CEO of Boston Consulting Group and the UAE trade minister.

I’m glad he did, because the vision of Blinder — or any Nobel economics laureate — as a CEO or trade minister (let alone both!) is almost impossible to conjure up. Muhammad Yunus is an executive and an economist, but his Nobel is in peace, not economics.

Has any winner of the Nobel prize in economics demonstrated any kind of managerial or executive ability, beyond maybe running a group of eggheads at a university or hedge fund?

Update: As tc points out in the comments, Blinder doesn’t have a Nobel.

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