Paul McCracken (economist)

Paul McCracken

Paul McCracken in 1969, holding a slide rule.
Born Paul Winston McCracken
(1915-12-29)December 29, 1915
Richland, Iowa
Died August 3, 2012(2012-08-03) (aged 96)
Ann Arbor, Michigan[1]
Nationality American
Occupation economist, presidential adviser
Known for Advisor for economics
Spouse(s) Emily Ruth Siler (1942–2005; her death)

Paul Winston McCracken (December 29, 1915 – August 3, 2012) was an American economist born in Richland, Iowa. He held a M.A. from Harvard University in Economics and a B.A. from William Penn University.[2] He was the Edmund Ezra Day Distinguished University Professor Emeritus of Business Administration, Economics, and Public Policy at the University of Michigan.[2] McCracken was chairman of the President's Council of Economic Advisors from 1969 to 1971 under President Richard Nixon.[2] He was head of a committee that worked to a OECD's report commissioned by Secretary of State Henry Kissinger in late 1974 with title Towards full employment and price stability.[3] His report is retrosectively considered as a neoliberal or monetarist turning point. He chaired the American Enterprise Institute's Council of Academic Advisors and served as interim president of the institute in 1986.[2] He died on August 3, 2012 at age 96.[4]

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Political offices
Preceded by
Arthur Melvin Okun
Chairman of the Council of Economic Advisors
1969–1971
Succeeded by
Herbert Stein
Non-profit organization positions
Preceded by
William J. Baroody Jr.
President of the American Enterprise Institute
(interim)

1986
Succeeded by
Christopher DeMuth


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