The New York Times is reporting Tim Geithner might be stepping down as Treasury secretary soon. They float a list of potential successors that looks... ugly. It includes connoisseurs of (wrong) conventional wisdom like Roger Altman and Erskine Bowles, and CEOs Jeff Immelt of General Electric and Jamie Dimon of JPMorgan. Now, pretty much all Republicans and probably most independent voters think that running a business is a good proxy for making economic policy because... I don't really know, but I assume it's because both involve money in some way. But it's worth pointing out that running a country is, you know, nothing at all like running a company.
I looked through this 15-year old piece recently, and, while the problems it addresses are from another day, the basic premise is still really relevant.
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