Arthur Burns

Extracted Attributes

• Education

  Columbia University

• Occupation

  Diplomat

• Nationality

  American

• Date of Birth

  1904-04-27

• Date of Death

  1987-06-26

• Place of Birth

  Stanislau, Austria-Hungary (now Ivano-Frankivsk, Ukraine)

• Place of Death

  Baltimore, Maryland, U.S.

• Political Stance

  Conservative Economist

Timeline

• Born as Arthur Frank Burns in Stanislau, Austria-Hungary (now Ivano-Frankivsk, Ukraine). (Source: wikipedia)

  1904-04-27

• Began serving on the faculty at Columbia University, where he remained for over 20 years. (Source: web_search_results)

  1941-01-01

• Appointed as the 3rd Chairman of the Council of Economic Advisers under President Dwight D. Eisenhower. (Source: wikipedia)

  1953-03-19

• Concluded his term as Chairman of the Council of Economic Advisers. (Source: wikipedia)

  1956-12-01

• Began serving as the first Counselor to the President under Richard Nixon. (Source: web_search_results)

  1969-01-20

• Concluded his term as Counselor to the President. (Source: web_search_results)

  1970-01-31

• Began his tenure as the 10th Chairman of the Federal Reserve, nominated by President Richard Nixon. (Source: wikipedia)

  1970-02-01

• Became a Member of the Emergency Loan Guarantee Board. (Source: web_search_results)

  1971-08-01

• Became Head of the Committee on Interest and Dividends, part of Nixon's Economic Stabilization Program. (Source: web_search_results)

  1971-10-01

• Became U.S. Alternate Governor to the International Monetary Fund. (Source: web_search_results)

  1973-09-01

• Concluded his role as Head of the Committee on Interest and Dividends. (Source: web_search_results)

  1974-04-01

• Concluded his term as Chairman of the Federal Reserve, Member of the Emergency Loan Guarantee Board, and U.S. Alternate Governor to the International Monetary Fund. (Source: wikipedia)

  1978-01-31

• Appointed by President Ronald Reagan to serve as the United States Ambassador to West Germany. (Source: wikipedia)

  1981-06-30

• Concluded his term as Ambassador to West Germany. (Source: wikipedia)

  1985-05-16

• Died at the age of 83 in Baltimore, Maryland, U.S. (Source: wikipedia)

  1987-06-26

Arthur F. Burns

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. 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.

Web Search Results

• Arthur F. Burns - Wikipedia

  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. [...] | 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 "James Robertson (central banker)") George W. Mitchell Stephen Gardner | [...] | 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. |

• Rethinking Arthur Burns, the “Worst” Fed Chair in History

  Contrary to his reputation, Arthur Burns was a conservative economist who hated inflation. Though he governed during an era dominated by Keynesian economics, Burns had been trained in the older tradition of American institutional economics, which led him to focus much of his academic work on how to ensure companies kept sufficient confidence in the macroeconomic environment to invest throughout the business cycle. His dislike for inflation was in particular grounded in a concern that price [...] Arthur Burns, the chair of the Federal Reserve, was in a hurry. It was a Saturday morning in early December 1970, and he was at the Fed headquarters in Washington putting the finishing touches on a speech he planned to give at a Pepperdine College event in Los Angeles, California, on Monday. He had a plane to catch in the afternoon.

• Arthur Burns - Columbia 250

  Arthur Burns, an economist chary of governmental controls, supervised the U.S. economy throughout the 50s, 60s, and 70s by serving as chair of President Dwight D. Eisenhower's Council of Economic Advisors and, later, as chair of the Federal Reserve under Richard Nixon, Gerald Ford, and Jimmy Carter. Burns's career an economic advisor began with academic work, first at Rutgers University and then at Columbia, where he remained on the faculty for over 20 years. While teaching, Burns became [...] | | | "Professional economists should stick to their knitting...economic counseling and political advocacy could get in one another's way." Arthur Burns (1904–1987) Economist '25CC, '34GSAS Faculty 1941–67 Arthur Burns, an economist chary of governmental controls, supervised the U.S. economy throughout the 50s, 60s, and 70s by serving as chair of President Dwight D. Eisenhower's Council of Economic Advisors and, later, as chair of the Federal Reserve under Richard Nixon, Gerald Ford, [...] | | | | | --- | | | | | | | | | | | --- | --- | --- | --- | | | | "Professional economists should stick to their knitting...economic counseling and political advocacy could get in one another's way." Arthur Burns (1904–1987) Economist '25CC, '34GSAS Faculty 1941–67 Arthur Burns, an economist chary of governmental controls, supervised the U.S. economy throughout the 50s, 60s, and 70s by serving as chair of President Dwight D. Eisenhower's Council of Economic Advisors and,

• What went wrong in Arthur Burns' time as Fed chair in the 1970s - NPR

  ADRIAN MA, BYLINE: Arthur Burns was an Austrian-born, pipe-smoking economist. WAILIN WONG, BYLINE: He was also friends with President Richard Nixon. The two men worked together in the Eisenhower administration, and in 1970, Nixon gave Burns a warm welcome as Fed chairman at his swearing-in ceremony. (SOUNDBITE OF ARCHIVED RECORDING) RICHARD NIXON: You see, Dr. Burns, that's a standing vote of appreciation in advance for lower interest rates and more money. (LAUGHTER) [...] ADRIAN MA, BYLINE: Arthur Burns was an Austrian-born, pipe-smoking economist. WAILIN WONG, BYLINE: He was also friends with President Richard Nixon. The two men worked together in the Eisenhower administration, and in 1970, Nixon gave Burns a warm welcome as Fed chairman at his swearing-in ceremony. (SOUNDBITE OF ARCHIVED RECORDING) RICHARD NIXON: You see, Dr. Burns, that's a standing vote of appreciation in advance for lower interest rates and more money. (LAUGHTER) [...] ADRIAN MA, BYLINE: Arthur Burns was an Austrian-born, pipe-smoking economist. WAILIN WONG, BYLINE: He was also friends with President Richard Nixon. The two men worked together in the Eisenhower administration, and in 1970, Nixon gave Burns a warm welcome as Fed chairman at his swearing-in ceremony. (SOUNDBITE OF ARCHIVED RECORDING) RICHARD NIXON: You see, Dr. Burns, that's a standing vote of appreciation in advance for lower interest rates and more money. (LAUGHTER)

• ARTHUR F. BURNS HANDWRITTEN JOURNALS, 1969-1974

  After serving as an economic adviser to presidential candidate to Richard Nixon, Arthur Burns served as Counsellor to President Nixon from 1969­70. In 1970, Dr. Burns was appointed Chairman Board of Governors of the Federal Reserve Board and served in that role for Presidents Nixon, Ford and Carter until 1978. The Board determines general monetary, credit, and operating policies for the Federal Reserve System as a whole and formulates the rules and regulations necessary to carry out the [...] Home Close Magnifying lens Search # ARTHUR F. BURNS HANDWRITTEN JOURNALS, 1969-1974 The collection consists of Arthur Burns’ handwritten journals that he kept between January 20, 1969 and July 25, 1974 as he served as counsellor to President Nixon and then Chairman of the Federal Reserve Board. The journals complement the Arthur Burns Papers, a separately donated collection. [...] Jan. 1969-Jan. 1970 - Counsellor to President Nixon. Burns also served on the Cabinet Committee on Economic Policy Feb. 1970-Mar. 1978 - Chairman of the Board of Governors of the Federal Reserve System Sept. 1973-Jan. 1978 - U.S. Alternate Governor to the International Monetary Fund Aug. 1971-Jan. 1978 - Member, Emergency Loan Guarantee Board Oct. 1971-Apr. 1974 - Head of the Committee on Interest and Dividends, part of Nixon's Economic Stabilization Program

• Award

  Fellow of the Royal Historical Society

• Gender

  male

• Educated At

  University of Oxford

• Instance Of

  Q5

• Occupation

  historian

• Date Of Death

  10/3/2023