Financial disclosure for Austan Goolsbee.

Some college professors make a very good wage. Austan Goolsbee, a member of the White House Council of Economic Advisors, earned $465,000 as a professor of economics at the University of Chicago last year. He is on a two-year leave of absence from his position there.

Goolsbee, one of Obama's top economic advisors, was born in 1969, received an M.A. in economics from Yale in 1991 and Ph.D. in economics from the Massachusetts Institute of Technology in 1995. In 1997, Goolsbee married Robin Winters who was working as a management consultant with McKinsey & Company.

He worked on Barack Obama's 2004 Senate campaign and on the 2008 presidential campaign, where he raised a fuss when he met with Canadian government officials (at their invitation) during the height of the contested primaries in the Midwest. He reportedly said Obama was bashing NAFTA for political purposes and that the treaty would not be renegotiated. He denied it and called the episode a "nightmare." But a memo released by the Canadian government said "Goolsbee candidly acknowledged the protectionist sentiment that has emerged, particularly in the Midwest, during the primary campaign ... He cautioned that this messaging should not be taken out of context and should be viewed as more about political positioning than a clear articulation of policy plans." Goolsbee said everything about the controversy was "trivial and totally inaccurate."

Here is Goolsbee's financial disclosure report as provided to Manufacturing & Technology News from the U.S. Office of Government Ethics:

Austan Goolsbee's 2008 Income and Wages:

* University of Chicago: $465,000

* Leigh Bureau (honorarium for speech at the Global Risk Forum, October 3, 2008, Washington, D.C.,): $31,500

* KPMG Corporate Finance (services as a meeting facilitator), Chicago, Ill.: $15,000

* Third Way Foundation, Washington, D.C.: $23,000

* Reed College Institute, Portland, Ore. (speech September 25, 2008): $15,000

* National Bureau of Economic Research, Cambridge, Mass.: $3,000

* New York Times: $2,000

* James Baker Institute, Rice University (speech April 24, 2008): $2,500

* Democratic Leadership Council, Progressive Policy Institute: $1,000

Income from "Excepted Investment Funds":

* Select Sector SPDR ETF ($2,501-$5,000)

* Fidelity Spartan Total Market Index Fund ($2,501-$5,000)

* Ishares Russell 1,000 Value Index Fund ($2,501 - $5,000)

* Financial Proshares Short Financials ($1,001 - $2,500)

Income from "Capital Gains/Dividends":

* Hartford Financial Group ($2,501-$5,000)

* Motorola ($201-$1,000),

Assets Worth Between $500,001 and $1,000,000:

* Residential property, Chicago, Ill.

Assets Worth Between $250,001 and $500,000:

* 403(b) Vanguard Inflation Protected Securities Fund

Assets Worth Between $100,001 and $250,000:

* 403(b) Vanguard Long-term Bond Index Fund

* Fidelity Cash Reserves

Assets Worth Between $50,001 and $100,000:

* Tax Exempt Interest Fidelity Money Market Fund

Assets Worth Between $15,001 and $50,000:

* 403(b) Vanguard Pacific Stock Index Fund

* 401(k) Self Employed Profit Sharing, Fidelity Spartan U.S. Equity Index Fund

* Vanguard European Stock Index Fund

* Baxter

* Costco

* Pepsico

* Procter & Gamble

Assets Worth Between $1,001 and $15,000:

* 401(a) Retirement Account, Vanguard Small Cap Value Index Fund

* Berkshire Hathaway B

* Chevron

* Parker Hannifin

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