# Professor Simon Bowmaker's new book, "When the President Calls," is reviewed

1 Faculty News January 13, 2020 ![Nature_journal_logo_190x145](/sites/default/files/styles/246w/public/assets/images/Nature_journal_logo_190x145.jpg?itok=i5rmI4H0)>

Excerpt from [Nature](https://www.nature.com/articles/d41586-020-00055-y) -- "Over the past half-century, [Bowmaker](https://www.stern.nyu.edu/faculty/bio/simon-bowmaker) shows, economic advisers to US presidents from Richard Nixon to Donald Trump have enabled central bankers and treasury officials to implement untethered ideas. Often described in terms borrowed from mathematics or physics (such as the ‘velocity of money’), these concepts neither command an expert consensus nor are they necessarily reproducible."

[Read More](http://https://www.nature.com/articles/d41586-020-00055-y)