Robert MacCulloch
Robert MacCulloch is a native of New Zealand and worked at the Reserve Bank of NZ before travelling to the UK to complete a PhD in Economics at Oxford University.
Congratulations Mark Carney. When I went to the UK to study economics, we started off doing a degree called Master of Philosophy in Economics (still don’t know why ‘philosophy’ is in the title).
On that first day, I remember a guy called Mark Carney in the class room. What was unusual with Mark was that, whereas most of us were quite young and had no private-sector experience, he had already worked for many years at Goldman Sachs. He was probably in his late 20s and no doubt already a multi-millionaire from his five years or so in that investment bank.
A rich student is an unusual phenomena. After a wildly successful career as Governor of Reserve Bank of Canada, then Governor of the Bank of England, he is now about to be Prime Minister of Canada. At least some folks in the class have become successful.
Had Mark been a Kiwi, he’d be lucky to have become senior economics analyst in the NZ Treasury or assistant monetary policy adviser at the Reserve Bank, given human resources hiring practices here. As for Vice Chancellor of Otago, Grant Robertson would have obviously been appointed instead and Carney would’ve missed out on Treasury Secretary because career bureaucrat Iain Rennie would have sneaked in ahead.
This article was originally published by Down to Earth Kiwi.
