Arthur F. Burns

Economist, Politician

1904 – 1987

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Who was Arthur F. Burns?

Arthur Frank Burns was an American economist. His career alternated between academia and government. From 1927 to the 1970s, Burns taught and researched at Rutgers University, Columbia University, and the National Bureau of Economic Research.

Burns was the chairman of the U.S. Council of Economic Advisors from 1953 to 1956 under Dwight D. Eisenhower's presidency. In 1953, he stated the American economy's "ultimate purpose is to produce more consumer goods." He served as the Chairman of the Federal Reserve from 1970 to 1978 and as ambassador to West Germany from 1981 to 1985.

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Born
Aug 27, 1904
Ivano-Frankivsk
Also known as
  • Arthur Burns
Nationality
  • United States of America
Profession
Education
  • Columbia University
Employment
  • Columbia University
  • Chair of the Federal Reserve, Federal Reserve System
    (1970/02/01 - 1978/01/31)
Died
Jun 26, 1987
Baltimore

Submitted
on July 23, 2013

Citation

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"Arthur F. Burns." Biographies.net. STANDS4 LLC, 2021. Web. 28 Nov. 2021. <https://www.biographies.net/people/en/arthur_f_burns>.

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