Arthur F. Burns

Arthur F. Burns

Arthur Frank Burns (April 27, 1904 – June 6, 1987) 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.

Read more about Arthur F. Burns:  Early Life, Commentary, Selected Works, Sources

Famous quotes containing the words arthur and/or burns:

    A trusty comrade is always of use; and a chronicler still more so.
    —Sir Arthur Conan Doyle (1859–1930)

    Too bad that all the people who know how to run the country are busy driving taxicabs and cutting hair.
    —George Burns (b. 1896)