Alan Blinder

Alan Blinder
15th Vice Chairman of the Federal Reserve
In office
June 27, 1994 – January 31, 1996
PresidentBill Clinton
Preceded byDavid W. Mullins Jr.
Succeeded byAlice Rivlin
Member of the Federal Reserve Board of Governors
In office
June 27, 1994 – January 31, 1996
PresidentBill Clinton
Preceded byDavid W. Mullins Jr.
Succeeded byAlice Rivlin
Personal details
Born (1945-10-14) October 14, 1945 (age 78)
New York City, U.S.
EducationPrinceton University (BA)
London School of Economics (MS)
Massachusetts Institute of Technology (PhD)
Academic career
FieldMacroeconomics
School or
tradition
New Keynesian economics
Doctoral
advisor
Robert Solow
Doctoral
students
Julio Rotemberg
Information at IDEAS / RePEc

Alan Stuart Blinder (/ˈblndər/, born October 14, 1945) is an American economics professor at Princeton University and is listed among the most influential economists in the world according to IDEAS/RePEc.[1] He is a leading macro-economist, politically liberal, and a champion of Keynesian economics and policies.[2]

Blinder served on President Bill Clinton's Council of Economic Advisers from January 1993 to June 1994[3] and as the vice chairman of the Federal Reserve from June 1994 to January 1996.[4]

His academic work has focused particularly on monetary policy and central banking,[5] and on the "offshoring" of jobs. His writing has been published in The New York Times, The Washington Post, as well as a monthly column in The Wall Street Journal.

Regarding the 2008 near-meltdown of major financial institutions, Blinder drew ten lessons for fellow economists, including "Excessive complexity is not just anti-competitive, it's dangerous."[6][7]

  1. ^ "Economist Rankings | IDEAS/RePEc". ideas.repec.org.
  2. ^ [1]
  3. ^ Princeton Economist to Be Named To Clinton's Council, Aides Say, New York Times (archives), Louis Uchitelle, Jan. 4, 1993.
  4. ^ Cite error: The named reference pbio was invoked but never defined (see the help page).
  5. ^ "Alan Blinder".
  6. ^ Cite error: The named reference learn was invoked but never defined (see the help page).
  7. ^ National Bureau of Economic Research, US Business Cycle Expansions and Contractions. The recession was later determined to have begun in Dec. 2007 with the bottom occurring in June 2009. And from that point forward until Feb. 2020, the US economy was in expansion mode.

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