Arthur F. Burns Quotes
- Economist
- USA
- 1904 - 1987
Arthur F. Burns (1904-1987) was an American economist and statesman who served as the Chairman of the Federal Reserve from 1970 to 1978. He was a key figure in the development of the modern American economy, and his work had a major impact on the nation’s economic policies. He was a strong adv…Read More
Arthur F. Burns (1904-1987) was an American economist and statesman who served as the Chairman of the Federal Reserve from 1970 to 1978. He was a key figure in the development of the modern American economy, and his work had a major impact on the nation’s economic policies. He was a strong advocate of free markets and fiscal responsibility, and his policies helped to create a period of economic stability and growth. He was also a prolific author, writing several books on economics and public policy, including The Frontiers of Economics (1956), The Decline of Competition (1962), and The Politics of Stagflation (1977).Read Less
Arthur F. Burns (1904-1987) was an American economist and statesman who served as the Chairman of the Federal Reserve from 1970 to 1978. He was a key figure in the development of the modern American economy, and his work had a major impact on the nation’s economic policies. He was a strong advocate of free markets and fiscal responsibility, and his policies helped to create a period of economic stability and growth. He was also a prolific author, writing several books on economics and public policy, including The Frontiers of Economics (1956), The Decline of Competition (1962), and The Politics of Stagflation (1977).
Arthur F. Burns Career Highlights
Arthur F. Burns was an American economist and central banker who served as the Chairman of the Federal Reserve from 1970 to 1978. He also held various positions in government and academia throughout his career.
Key Contributions by Arthur F. Burns
Burns is best known for his role as Chairman of the Federal Reserve, where he implemented policies to combat inflation and stabilize the economy during the turbulent 1970s. He also played a key role in advising President Richard Nixon on economic matters, particularly during the 1971 decision to end the convertibility of the US dollar into gold.
What Sets Arthur F. Burns Apart
Burns was known for his conservative approach to monetary policy and his belief in the importance of controlling inflation. He also had a strong background in academia, having taught at Columbia University and served as the president of the National Bureau of Economic Research.
Takeaways
Arthur F. Burns was a highly influential figure in the field of economics and central banking. His policies and advice had a significant impact on the US economy during a time of great economic turmoil. He is remembered for his conservative approach to monetary policy and his dedication to controlling inflation.