Paul McCracken (economist)

American economist (1915–2012)

Paul McCracken

8th Chair of the Council of Economic Advisers
In office
February 4, 1969 – December 31, 1971
President| Richard Nixon
Preceded by| Art Okun
Succeeded by| Herbert Stein
Personal details
Born|

Paul Winston McCracken

(1915-12-29)December 29, 1915
Richland, Iowa, U.S.
Died| August 3, 2012(2012-08-03) (aged 96)
Ann Arbor, Michigan, U.S.
Political party| Republican
Spouse| Emily Siler (1942–2005)
Education| William Penn University (BA)
Harvard University (MA, PhD)

Paul Winston McCracken (December 29, 1915 – August 3, 2012) was an American economist born in Richland, Iowa.

## Biography

[edit]

He held an M.A. and Ph.D. from Harvard University in Economics and a B.A. from William Penn University.[1][2] He was the Edmund Ezra Day Distinguished University Professor Emeritus of Business Administration, Economics, and Public Policy at the University of Michigan.[1] McCracken was chairman of the President's Council of Economic Advisors from 1969 to 1971 under President Richard Nixon.[1] He took the lead in developing economic policy at the outset of the Nixon administration.[3]

In 1976 he was elected as a Fellow of the American Statistical Association.[4] He chaired the American Enterprise Institute's Council of Academic Advisors and served as interim president of the institute in 1986.[1]

He died on August 3, 2012, at age 96.[5]

## References

[edit]

1. ^ a b c d "Paul W. McCracken". Nixon Library and Museum. Archived from the original on July 21, 2011. Retrieved February 21, 2011.
2. ^ Chan, Sewell (2012-08-04). "Paul W. McCracken, Adviser to Presidents, Dies at 96". The New York Times. ISSN 0362-4331. Retrieved 2023-01-31.
3. ^ Matusow, Allen J. (1998). Nixon's Economy: Booms, Busts, Dollars, & Votes. Lawrence, Kan.: University Press of Kansas. p. 12\. ISBN 0-7006-0888-5. OCLC 37975682.
4. ^ View/Search Fellows of the ASA, accessed 2016-08-20.
5. ^ "Remembering Paul W. McCracken, 1915–2012, Professor Emeritus and Presidential Adviser". Archived from the original on 2013-10-09.

## External links

[edit]

* McCracken's faculty profile on the University of Michigan website
* Appearances on C-SPAN
* Sidney Lewis Jones (2000). Public & Private Economic Adviser: Paul W. McCracken. University Press of America. ISBN 978-0-7618-1698-0.

Political offices

Preceded by

Art Okun

|  Chair of the Council of Economic Advisers
1969–1971  | Succeeded by

Herbert Stein

Non-profit organization positions
Preceded by

William Baroody

|  President of the American Enterprise Institute
Acting
1986  | Succeeded by

Christopher DeMuth

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Chairs of the Council of Economic Advisers

* Nourse
* Keyserling
* Burns
* Saulnier
* Heller
* Ackley
* Okun
* McCracken
* Stein
* Greenspan
* Schultze
* Weidenbaum
* Feldstein
* Sprinkel
* Boskin
* Tyson
* Stiglitz
* Yellen
* Baily
* Hubbard
* Mankiw
* Rosen
* Bernanke
* Lazear
* Romer
* Goolsbee
* Krueger
* Furman
* Hassett
* Philipson*
* Goodspeed*
* Rouse
* Bernstein

* indicates acting officeholders

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* Germany
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Academics|

* Mathematics Genealogy Project

People|

* Trove

Other|

* NARA
* SNAC
* IdRef

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