If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression.

Quote by Austan Goolsbee

On June 15 2009 he appeared as a guest on The Colbert Report. A. He was expected to play an informal role from Chicago in Obama's 2012 campaign.

S. Austan Dean Goolsbee (born August 18 1969) is an American economist and the Robert P. He advised President Obama during his 2004 U.