Barry Ritholtz, Columnist

Cruz Seeks Economic Wisdom in the Wrong Place

The candidate turns to a man who helped set the stage for the financial crisis.

March 23, 2016 at 6:27 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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Photographer: Chris Klepnis/Bloomberg

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-- former U.S. Senator Phil Gramm, Nov. 16, 2008

The reason I bring up the former senator from Texas is that Gramm has been brought on as a senior economic adviser to Republican presidential candidate Ted Cruz.