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Obama’s new French economic adviser has ‘faith in redistribution’

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Patrick Howley
Daily Caller
Jan 23, 2013

The French economist selected by President Barack Obama to serve as one of his top second-term global development advisers reportedly has “faith in redistribution,” supported far left-wing political theories and leaders, and provided the intellectual framework for French Socialist President Francois Hollande’s electoral victory, records reveal.

Obama announced his intent late last month to appoint French economist and MIT professor Esther Duflo to the President’s Global Development Council, a new governmental advisory board that Obama created by executive order last year. Obama announced bond investor Mohamed A. El-Erian as his pick to chair the council.

The council “will be comprised of no more than 12 individuals from  a variety of sectors outside the Federal Government, including, among others, institutions of higher education, non-profit and philanthropic organizations, civil society, and private industry,” according to a 2012 White House press release. “The Council will inform and provide advice to the President and other senior U.S. officials on U.S. global development policies and practices.”

Duflo, who is 40 years old, is the Abdul Latif Jameel professor of poverty alleviation and development economics at MIT and the co-founder and director of the Abdul Latif Jameel Poverty Action Lab, which was initially funded by Saudi billionaire Mohammed Abdul Latif Jameel.

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This article was posted: Wednesday, January 23, 2013 at 6:43 am





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