In the course of an interesting article on the resurgent influence of neo-Keynsian James Tobin, Yale’s Tobin Guides Obama From Grave as Friedman Is Eclipsed , the authors give us this fact:
While training to be an officer, he served with Herman Wouk, who later wrote “The Caine Mutiny.” Tobin was Wouk’s model for a character called Tobit, a “mandarin-like midshipman” who had “a domed forehead, measured quiet speech and a mind like a sponge.”
[Original draft 2/27/2009. In preparation for my blog redesign, I found draft blog posts that somehow never made it to publication. This is one of them.]
2010: It’s still an amazing fact about James Tobin, but I don’t find nearly enough Tobin in Obama’s economic policies.