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In light of the expected naming of Kevin Hassett to head the White House Council of Economic Advisers, it is important to remember the value of economists (and other eggheads more broadly) in policy discussions. During the 2016 campaign and his subsequent administration, Donald Trump has been consistently insulated from serious academic economists in a way that stands out from past candidates and presidents.
It was announced today that for the second year in a row the Ibrahim Prize will not be awarded. The award recognizes democratically elected African leaders who have demonstrated skilled leadership in office and, importantly in a region known for long-serving autocrats, allow for the peaceful transition of power at the end of their terms. In the decade since it was launched, the award has only been given to four individuals.