David Warsh's newest column is about President-elect Obama's economics team. By any measure it is a distinguished group of economists. I was somewhat surprised Goolsbee did not get the CEA chair, but on paper Christina Romer should be fine. As far as I know there have not been any indications about who will take the third CEA spot, which usually goes to an international economist. Also, Warsh is silent about Jason Furman. Is he headed to the NEC with Summers? All in all the transition seems to be proceeding very smoothly.
Greg Mankiw is very pleased with the new economic team and has a very good post about some of their writings.