Arthur Burns
Arthur Frank Burns is a renowned economist, policy maker, and diplomat, who alternated his career between academia and the government. Between 1926 and 1944, Burns taught at Columbia and Rutgers. He served as the Chairman of the Federal Reserve from 1970 to 1978 and as Ambassador to West Germany from 1981 to 1985. He also served as the Head of the Committee on Interest and Dividends, a US Alternate Governor to the International Monetary Fund, and a member of the Emergency Loan Guarantee Committee. After leaving the Board of Governors, Burns became a distinguished scholar in residence at the American Enterprise Institute, while also teaching part-time at Georgetown University. Arthur F. Burns received his BA, MA, and Ph.D. from Columbia University.
Arthur Burns Professional Experience / Academic History
Professional Experience
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Professor Emeritus
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John Bates Clark Professor of Economics
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President
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Professor of Finance
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Director of Research
Academic History
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Ph.D., Economics
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Master's Degree, Finance
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Bachelor of Arts
Production Trends in the United States since 1870, 1934
"Production during the American Business Cycle of 1927-1933", with W.C. Mitchell, 1936, NBER Bulletin
Frontiers of Economic Knowledge, 1954
Prosperity without Inflation, 1957
The Business Cycle in a Changing World, 1969
Reflections of an Economic Policy Maker, 1978
Fed Chairman from 1970 to 1978
Caused a recession in 1975 after raising rates
Caved to Nixon during 1972 to lower rates in an election year