Arthur F. Burns
American economist and diplomat (1904–1987) / From Wikipedia, the free encyclopedia
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Arthur Frank Burns (April 27, 1904 – June 26, 1987) was an American economist and diplomat who served as the 10th chairman of the Federal Reserve from 1970 to 1978. He previously chaired the Council of Economic Advisers under President Dwight D. Eisenhower from 1953 to 1956, and served as the first Counselor to the President under Richard Nixon from January to November 1969. He also taught and researched at Rutgers University, Columbia University, and the National Bureau of Economic Research.[2]
Arthur Burns | |
|---|---|
 | |
| United States Ambassador to West Germany | |
| In office June 30, 1981 – May 16, 1985 | |
| President | Ronald Reagan |
| Preceded by | Walter J. Stoessel Jr. |
| Succeeded by | Richard Burt |
| 10th Chairman of the Federal Reserve | |
| In office February 1, 1970 – January 31, 1978 | |
| President | Richard Nixon Gerald Ford Jimmy Carter |
| Deputy | James Robertson George W. Mitchell Stephen Gardner |
| Preceded by | William McChesney Martin |
| Succeeded by | G. William Miller |
| Member of the Federal Reserve Board of Governors | |
| In office January 31, 1970 – March 31, 1978 | |
| President | Richard Nixon Gerald Ford Jimmy Carter |
| Preceded by | William McChesney Martin |
| Succeeded by | Nancy Teeters |
| Counselor to the President | |
| In office January 20, 1969 – November 5, 1969 | |
| President | Richard Nixon |
| Preceded by | Position established |
| Succeeded by | Bryce Harlow Daniel Patrick Moynihan |
| 3rd Chairman of the Council of Economic Advisers | |
| In office March 19, 1953 – December 1, 1956 | |
| President | Dwight D. Eisenhower |
| Preceded by | Leon Keyserling |
| Succeeded by | Raymond J. Saulnier |
| Personal details | |
| Born | Arthur Frank Burns (1904-04-27)April 27, 1904 Stanislau, Austria-Hungary (now Ivano-Frankivsk, Ukraine) |
| Died | June 26, 1987(1987-06-26) (aged 83) Baltimore, Maryland, U.S. |
| Political party | |
| Spouse | Helen Bernstein |
| Education | Columbia University (BA, MA, PhD) |
| Academic career | |
| Doctoral advisor | Wesley Clair Mitchell |
| Doctoral students | Arthur Melvin Okun |
President Nixon nominated him to succeed William McChesney Martin as Chairman of the Federal Reserve and later renominated him for another term. Burns was succeeded by G. William Miller when his second term expired. After leaving the Fed, President Ronald Reagan chose him to serve as Ambassador to West Germany in 1981, where he remained in office until 1985.
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