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Glenn Hubbard: ‘The economy needs more than neoliberal medicine’

The Columbia economics professor says that Reaganism has to be rethought — but Biden’s approach does not add up
This is part of a monthly series, , featuring conversations between top FT commentators and leading economists about the coronavirus economic recovery

In the autumn, Glenn Hubbard, a former dean of Columbia Business School and longstanding Republican economic adviser, thinker and policymaker, stuck out his neck.

At a time when many Republican thinkers were too scared to directly criticise Donald Trump because they thought he could win the 2020 election race, Hubbard lambasted Trump’s team for their lack of any tangible economic plan. 

“[Trump] has no economic plan. I don’t mean that I don’t like it, it doesn’t exist,” he said. “Maybe [he should] talk about fiscal reform, or trade in a way that engaged our allies.” He lamented the fact that the then president had not done that.

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