Larry is not a traditional economist, lacking any graduate degrees in the subject.  But, he has been a serious student, especially of Supply-side economics and even worked for Arthur Laffer, the father of Supply-side economics.  Consequently, I doubt he has ever seen a tax cut that he didn’t like, accepting increased national debt, certainly in the short run.  As a free-trader or globalist in a protectionist or nationalist White House, Larry will likely be quite lonely there. 

But, he brings non-academic qualities that are badly needed in the White House.  He has a remarkable ability to disagree without being disagreeable.  I have disagreed with his slavish devotion to any one particular school of economic thought, but I have always enjoyed listening to him.  He is a good, decent, and classy guy.  I expect he will be an excellent economic advisor for this particular President.

Congrats, Larry!