|Bernstein testifying before the US Senate, May 26, 2005|
|Chief Economist and Economic Policy Adviser for the Vice President of the United States|
January 20, 2009
|Vice President||Joe Biden|
|Alma mater||Manhattan School of Music,
Jared Bernstein is a Senior Fellow at the Center on Budget and Policy Priorities. From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joseph Biden in the Obama Administration. Bernstein is considered to represent a progressive, pro-labor perspective.
Bernstein graduated from the Manhattan School of Music with Bachelors Degree in Fine Arts where he studied double bass with Orin O'Brien. He earned a Masters Degree in Social Work from the Hunter College School of Social Work, and, from Columbia University, he received a Masters Degree in Philosophy and Ph.D. in Social Welfare. Despite his previous employment, he does not have a degree or any formal training in economics.
Bernstein's areas of interest include "federal, state and international economic policies, specifically the middle class squeeze, income inequality and mobility, trends in employment and earnings, low-wage labor markets, poverty, and international comparisons." He is known as a critic of free trade agreements such as the North American Free Trade Agreement (NAFTA). He has taught at Howard University, Columbia University and New York University. In 1992, he was hired at the Economic Policy Institute (EPI), a think tank with ties to organized labor and a focus on issues affecting low- and middle-income workers. From 1995-1996, he served in the United States Department of Labor as Deputy Chief Economist. He then returned to the EPI, where he was senior economist and director of the Living Standards Program when selected by Biden.
He sits on the Congressional Budget Office's advisory committee and is employed as contributor at the financial news network CNBC. His designated job on the Vice Presidential staff is a new position, created because of "the critical nature of the economic challenges facing America." Upon his appointment, journalists noted that he holds more liberal views than many of Obama's economic advisers. He also was appointed the Executive Director of the Middle Class Working Families Task Force and is responsible for direct management of the project. Paul Krugman, a Nobel laureate in economics and a noted progressive columnist, argued in Nov. '08 that, given the centrist makeup of President Barack Obama's economic inner circle, the new Economic Recovery Advisory Board could be used to "give progressive economists a voice," and mentioned Bernstein and fellow EPI economist, and EPI president, Lawrence Mishel among others as progressive economists who might be suitable for the board. The Biden appointment implemented that suggestion.
Bernstein's books include All Together Now: Common Sense for a Fair Economy and Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries). He coauthored the last nine editions of "The State of Working America" as well as "The Benefits of Full Employment: When Markets Work for People."
- "Center on Budget and Policy Priorities, Jared Bernstein". Cbpp.org. Retrieved 2012-06-23.[dead link]
- "Vice President-elect Biden announces Chief Economist and Economic Policy Advisor". Change.gov. Retrieved 2012-06-23.
- "Cnbc.com". Cnbc.com. 2008-05-23. Retrieved 2012-06-23.[dead link]
- Biden Picks Jared Bernstein as Economic Adviser Shear, Michael B. Washington Post. December 5, 2008. Accessed December 6, 2008.
- "Vice President-elect Biden announces Chief Economist and Economic Policy Advisor | Change.gov: The Obama-Biden Transition Team". Change.gov. Retrieved 2012-06-23.
- Krugman, Paul (26 November 2008). "About that advisory board" (Blog). The Conscience of a Liberal (The New York Times). Retrieved February 20, 2009.
- "Bernstein Biography on the Berrett-Koehler Publishers Website". Bkconnection.com. Retrieved 2012-06-23.
- Gardner, Susan (December 5, 2008). "Jared Bernstein named as Biden economic advisor". Daily Kos. Retrieved 2012-06-23.
- Jared Bernstein collected news and commentary at The Washington Post
- Appearances on C-SPAN
- Jared Bernstein collected news and commentary at The New York Times
- Works by or about Jared Bernstein in libraries (WorldCat catalog)