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Council of Economic Advisers

April 14, 2024

For the body that advises the Scottish Government, see Council of Economic Advisers (Scotland). For another similarly sounding agency within the U.S. federal government, see National Economic Council (United States).

The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the president of the United States on economic policy.[2] The CEA provides much of the empirical research for the White House and prepares the publicly-available annual Economic Report of the President.[3] The council is made up of its chairperson and generally two to three additional member economists. Its chairperson requires appointment and Senate confirmation, and its other members are appointed by the President.

Council of Economic Advisers
Agency overview
Formed1946; 78 years ago (1946)
Preceding agencies
HeadquartersEisenhower Executive Office Building
EmployeesAbout 35
Agency executive
Parent agencyExecutive Office of the President of the United States
Websitewww.whitehouse.gov/cea/

Activities edit

Economic Report of the President edit

The report is published by the CEA annually in February, no later than 10 days after the Budget of the US Government is submitted.[4] The president typically writes a letter introducing the report, serving as an executive summary. The report proceeds with several hundred pages of qualitative and quantitative research reviewing the impact of economic activity in the previous year, outlining economic goals for the coming year (based on the President's economic agenda), and making numerical projections of economic performance and outcomes.[5] Public criticism usually accompanies its release, sometimes attacking the importance placed or not placed on particular data or goals. The data referenced or used in the report are from the Bureau of Economic Analysis and U.S. Bureau of Labor Statistics.[citation needed]

History edit

Establishment edit

The Truman administration established the Council of Economic Advisers via the Employment Act of 1946 to provide presidents with objective economic analysis and advice on the development and implementation of a wide range of domestic and international economic policy issues. It was a step from an "ad hoc style of economic policy-making to a more institutionalized and focused process". The act gave the council the following goals:

1. to assist and advise the President in the preparation of the Economic Report;

2. to gather timely and authoritative information concerning economic developments and economic trends, both current and prospective, to analyze and interpret such information in the light of the policy declared in section 2 for the purpose of determining whether such developments and trends are interfering, or are likely to interfere, with the achievement of such policy, and to compile and submit to the President studies relating to such developments and trends;

3. to appraise the various programs and activities of the Federal Government in the light of the policy declared in section 2 for the purpose of determining the extent to which such programs and activities are contributing, and the extent to which they are not contributing, to the achievement of such policy, and to make recommendations to the President with respect thereto;

4. to develop and recommend to the President national economic policies to foster and promote free competitive enterprise, to avoid economic fluctuations or to diminish the effects thereof, and to maintain employment, production, and purchasing power;

5. to make and furnish such studies, reports thereon, and recommendations with respect to matters of Federal economic policy and legislation as the President may request.[6]

In 1949 Chairman Edwin Nourse and member Leon Keyserling argued about whether the advice should be private or public and about the role of government in economic stabilization.[7] Nourse believed a choice had to be made between "guns or butter" but Keyserling argued for deficit spending, asserting that an expanding economy could afford large defense expenditures without sacrificing an increased standard of living. In 1949, Keyserling gained support from Truman advisors Dean Acheson and Clark Clifford. Nourse resigned as chairman, warning about the dangers of budget deficits and increased funding of "wasteful" defense costs. Keyserling succeeded to the chairmanship and influenced Truman's Fair Deal proposals and the economic sections of NSC 68 that, in April 1950, asserted that the larger armed forces America needed would not affect living standards or risk the "transformation of the free character of our economy".[8]

1950s–80s edit

During the 1953–54 recession, the CEA, headed by Arthur Burns, deployed non-traditional neo-Keynesian interventions, which provided results later called the "steady fifties" wherein many families stayed in the economic "middle class" with just one family wage-earner. The Eisenhower Administration supported an activist contracyclical approach that helped to establish Keynesianism as a possible bipartisan economic policy for the nation. Especially important in formulating the CEA response to the recession—accelerating public works programs, easing credit, and reducing taxes—were Arthur F. Burns and Neil H. Jacoby.[9]

Until 1963, during its first seven years the CEA made five technical advances in policy making, including the replacement of a "cyclical model" of the economy by a "growth model", the setting of quantitative targets for the economy, use of the theories of fiscal drag and full-employment budget, recognition of the need for greater flexibility in taxation, and replacement of the notion of unemployment as a structural problem by a realization of a low aggregate demand.[10]

The 1978 Humphrey–Hawkins Full Employment Act required each administration to move toward full employment and reasonable price stability within a specific time period. It has been criticized for making CEA's annual economic report highly political in nature, as well as highly unreliable and inaccurate over the standard two or five year projection periods.[11]

1980–present edit

Since 1980, the CEA has focused on sources of economic growth, the supply side of the economy, and on international issues.[7] In the wake of the Great Recession of 2008–09, the Council of Economic Advisers played a significant role in supporting the American Recovery and Reinvestment Act.[12]

Organization edit

The council's chairman is nominated by the president and confirmed by the United States Senate. The members are appointed by the president. As of July 2017, the council's eighteen person staff consisted of a chief of staff (Director of Macroeconomic Forecasting), fifteen economists (five senior, four research, four staff economists, two economic statisticians) and two operations staff.[13] Many of the staff economists are academics on leave or government economists on temporary assignment from other agencies.[12]

Composition edit

 
The council and staff during the Biden administration, in March 2023

Chairs edit

Name Start End President
Edwin Nourse August 9, 1946 November 1, 1949 Harry Truman
Leon Keyserling November 2, 1949
Acting: November 2, 1949 – May 10, 1950 		January 20, 1953
Arthur Burns March 19, 1953 December 1, 1956 Dwight Eisenhower
Raymond Saulnier December 3, 1956 January 20, 1961
Walter Heller January 29, 1961 November 15, 1964 John F. Kennedy
Lyndon Johnson
Gardner Ackley November 16, 1964 February 15, 1968
Arthur Okun February 15, 1968 January 20, 1969
Paul McCracken February 4, 1969 December 31, 1971 Richard Nixon
Herbert Stein January 1, 1972 August 31, 1974
Gerald Ford
Alan Greenspan September 4, 1974 January 20, 1977
Charles Schultze January 22, 1977 January 20, 1981 Jimmy Carter
Murray Weidenbaum February 27, 1981 August 25, 1982 Ronald Reagan
Marty Feldstein October 14, 1982 July 10, 1984
Beryl Sprinkel April 18, 1985 January 20, 1989
Michael Boskin February 2, 1989 January 20, 1993 George H. W. Bush
Laura Tyson February 5, 1993 April 22, 1995 Bill Clinton
Joe Stiglitz June 28, 1995 February 10, 1997
Janet Yellen February 18, 1997 August 3, 1999
Martin Baily August 12, 1999 January 20, 2001
Glenn Hubbard May 11, 2001 February 28, 2003 George W. Bush
Greg Mankiw May 29, 2003 February 18, 2005
Harvey Rosen February 23, 2005 June 10, 2005
Ben Bernanke June 21, 2005 January 31, 2006
Edward Lazear February 27, 2006 January 20, 2009
Christina Romer January 29, 2009 September 3, 2010 Barack Obama
Austan Goolsbee September 10, 2010 August 5, 2011
Alan Krueger November 7, 2011 August 2, 2013
Jason Furman[14] August 2, 2013 January 20, 2017
Kevin Hassett[15] September 13, 2017 June 28, 2019 Donald Trump
Tomas Philipson
Acting 		June 28, 2019 June 23, 2020
Tyler Goodspeed
Acting 		June 23, 2020 January 7, 2021
Cecilia Rouse March 12, 2021 March 31, 2023 Joe Biden
Jared Bernstein July 10, 2023 Incumbent

Chief Advisers edit


Members edit

References edit

  1. ^ a b Wage and Price Controls Encyclopedia.com n.d.
  2. ^ Council of Economic Advisers
  3. ^ "Economic Report of the President". govinfo.
  4. ^ "Economic Report of the President | CEA". The White House. Retrieved 2023-06-04.
  5. ^ "Economic Report of the President". The White House. Retrieved 2023-06-04.
  6. ^ "History of the CEA". The White House. Retrieved 4 May 2021.(  Public domain)
  7. ^ a b Remarks by Chairman Alan Greenspan. Receipt of the Truman Medal for Economic Policy. Before the Truman Medal Award and Economics Conference, Kansas City, Missouri October 26, 2005, Council of Economic Advisers website under President Bush
  8. ^ Brune 1989
  9. ^ Engelbourg 1980
  10. ^ Salant 1973
  11. ^ Cimbala and Stout 1983
  12. ^ a b Flickenschild; Michael, Afonso, Alexandre (2018). "Networks of economic policy expertise in Germany and the United States in the wake of the Great Recession". Journal of European Public Policy. 26 (9): 1292–1311. doi:10.1080/13501763.2018.1518992. hdl:1887/71157.{{cite journal}}: CS1 maint: multiple names: authors list (link)
  13. ^ Council of Economic Advisers. Staff Whitehouse.gov, n.d. accessed 29 July 2017
  14. ^ "Obama names Furman as new White House chief economist", Reuters, 2013-06-10
  15. ^ "Senate Confirms Kevin Hassett as Chairman of the President's Council of Economic Advisers", The Wall Street Journal, 2017-09-12
  16. ^ "Rauh named Principal Economic Adviser". Retrieved March 21, 2024.
  17. ^ {{cite web|url=https://www.aei.org/profile/kevin-corinth/%7Ctitle=Kevin Corinth Bio|access-date=March 21, 2024]]
  18. ^ "Tedeschi tapped to be Chief Economist". Retrieved March 21, 2024.

Sources edit

  • Brazelton, W. Robert (2001), Designing U.S. Economic Policy: An Analytical Biography of Leon H. Keyserling, New York: Palgrave, ISBN 0-333-77575-9
  • Brazelton, W. Robert (1997), "The Economics of Leon Hirsch Keyserling", Journal of Economic Perspectives, 11 (4): 189–197, doi:10.1257/jep.11.4.189, ISSN 0895-3309
  • Brune, Lester H. (1989), "Guns and Butter: the Pre-Korean War Dispute over Budget Allocations: Nourse's Conservative Keynesianism Loses Favor Against Keyserling's Economic Expansion Plan", The American Journal of Economics and Sociology, 48 (3): 357–371, doi:10.1111/j.1536-7150.1989.tb03189.x, ISSN 0002-9246
  • Cimbala, Stephen J.; Stout, Robert L. (1983), "The Economic Report of the President: Before and after the Full Employment and Balanced Growth Act of 1978", Presidential Studies Quarterly, 13 (1): 50–61, ISSN 0360-4918
  • Eizenstat, Stuart E. (1992), "Economists and White House Decisions", Journal of Economic Perspectives, 6 (3): 65–71, doi:10.1257/jep.6.3.65, ISSN 0895-3309
  • Engelbourg, Saul (1980), "The Council of Economic Advisers and the Recession of 1953–1954", Business History Review, 54 (2): 192–214, doi:10.2307/3114480, ISSN 0007-6805, JSTOR 3114480, S2CID 154554637
  • Flickenschild, Michael, Afonso, Alexandre (2018), "Networks of economic policy expertise in Germany and the United States in the wake of the Great Recession", Journal of European Public Policy, 26 (9): 1292–1311, doi:10.1080/13501763.2018.1518992, hdl:1887/71157, ISSN 1466-4429{{citation}}: CS1 maint: multiple names: authors list (link)
  • Leeson, Robert (1997), "The Political Economy of the Inflation-unemployment Trade-off", History of Political Economy, 29 (1): 117–156, doi:10.1215/00182702-29-1-117, ISSN 0018-2702
  • McCaleb, Thomas S. (1986), "The Council of Economic Advisers after Forty Years", Cato Journal, 6 (2): 685–693, ISSN 0273-3072
  • Norton, Hugh S. (1977), The Employment Act and the Council of Economic Advisers, 1946–1976, Columbia: University of South Carolina Press, ISBN 0-87249-296-6
  • Salant, Walter S. (1973), "Some Intellectual Contributions of the Truman Council of Economic Advisers to Policy-making", History of Political Economy, 5 (1): 36–49, doi:10.1215/00182702-5-1-36, ISSN 0018-2702
  • Sobel, Robert (1988), Biographical Directory of the Council of Economic Advisers, New York: Greenwood Press, ISBN 0-313-22554-0
  • Tobin, James; Weidenbaum, Murray, eds. (1988), Two Revolutions in Economic Policy: The First Economic Reports of Presidents Kennedy and Reagan, Cambridge: MIT Press, ISBN 0-262-70034-4
  • Wehrle, Edmund F. (2004), "Guns, Butter, Leon Keyserling, the AFL-CIO, and the Fate of Full-employment Economics", Historian, 66 (4): 730–748, doi:10.1111/j.1540-6563.2004.00094.x, ISSN 0018-2370, S2CID 143607377

External links edit

  • Official website  
  • List of recent reports by the Council of Economic Advisors
  • Records of the Office of the Council of Economic Advisors, 1953–61, Dwight D. Eisenhower Presidential Library
  • Papers of Arthur F. Burns, Dwight D. Eisenhower Presidential Library
  • Papers of Raymond J. Saulnier, Dwight D. Eisenhower Presidential Library
  • Economic Report of the President:
    • Economic Report of the President White House
    • Economic Reports 1947 to present on FRASER, St. Louis Federal Reserve
    • U.S. Bureau of Economic Analysis (BEA) US Gvt
    • U.S. Bureau of Labor Statistics
    • Economic Report of the President (1995–present) United States Government Publishing Office

April 14, 2024
council, economic, advisers, body, that, advises, scottish, government, scotland, another, similarly, sounding, agency, within, federal, government, national, economic, council, united, states, this, article, multiple, issues, please, help, improve, discuss, t. For the body that advises the Scottish Government see Council of Economic Advisers Scotland For another similarly sounding agency within the U S federal government see National Economic Council United States This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article s lead section may be too short to adequately summarize the key points Please consider expanding the lead to provide an accessible overview of all important aspects of the article July 2017 This article cites its sources but does not provide page references You can help providing page numbers for existing citations July 2017 Learn how and when to remove this template message Learn how and when to remove this template message The Council of Economic Advisers CEA is a United States agency within the Executive Office of the President established in 1946 which advises the president of the United States on economic policy 2 The CEA provides much of the empirical research for the White House and prepares the publicly available annual Economic Report of the President 3 The council is made up of its chairperson and generally two to three additional member economists Its chairperson requires appointment and Senate confirmation and its other members are appointed by the President Council of Economic AdvisersAgency overviewFormed1946 78 years ago 1946 Preceding agenciesOffice of Price Administration World War II 1 Council on Wage and Price Stability Carter era 1 better source needed HeadquartersEisenhower Executive Office BuildingEmployeesAbout 35Agency executiveJared Bernstein ChairParent agencyExecutive Office of the President of the United StatesWebsitewww wbr whitehouse wbr gov wbr cea wbr Contents 1 Activities 1 1 Economic Report of the President 2 History 2 1 Establishment 2 2 1950s 80s 2 3 1980 present 3 Organization 4 Composition 4 1 Chairs 4 2 Chief Advisers 4 3 Members 5 References 6 Sources 7 External linksActivities editThis section has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This section does not cite any sources Please help improve this section by adding citations to reliable sources Unsourced material may be challenged and removed September 2019 Learn how and when to remove this template message This section needs expansion You can help by adding to it September 2019 Learn how and when to remove this template message Economic Report of the President edit The report is published by the CEA annually in February no later than 10 days after the Budget of the US Government is submitted 4 The president typically writes a letter introducing the report serving as an executive summary The report proceeds with several hundred pages of qualitative and quantitative research reviewing the impact of economic activity in the previous year outlining economic goals for the coming year based on the President s economic agenda and making numerical projections of economic performance and outcomes 5 Public criticism usually accompanies its release sometimes attacking the importance placed or not placed on particular data or goals The data referenced or used in the report are from the Bureau of Economic Analysis and U S Bureau of Labor Statistics citation needed History editEstablishment edit The Truman administration established the Council of Economic Advisers via the Employment Act of 1946 to provide presidents with objective economic analysis and advice on the development and implementation of a wide range of domestic and international economic policy issues It was a step from an ad hoc style of economic policy making to a more institutionalized and focused process The act gave the council the following goals 1 to assist and advise the President in the preparation of the Economic Report 2 to gather timely and authoritative information concerning economic developments and economic trends both current and prospective to analyze and interpret such information in the light of the policy declared in section 2 for the purpose of determining whether such developments and trends are interfering or are likely to interfere with the achievement of such policy and to compile and submit to the President studies relating to such developments and trends 3 to appraise the various programs and activities of the Federal Government in the light of the policy declared in section 2 for the purpose of determining the extent to which such programs and activities are contributing and the extent to which they are not contributing to the achievement of such policy and to make recommendations to the President with respect thereto 4 to develop and recommend to the President national economic policies to foster and promote free competitive enterprise to avoid economic fluctuations or to diminish the effects thereof and to maintain employment production and purchasing power 5 to make and furnish such studies reports thereon and recommendations with respect to matters of Federal economic policy and legislation as the President may request 6 In 1949 Chairman Edwin Nourse and member Leon Keyserling argued about whether the advice should be private or public and about the role of government in economic stabilization 7 Nourse believed a choice had to be made between guns or butter but Keyserling argued for deficit spending asserting that an expanding economy could afford large defense expenditures without sacrificing an increased standard of living In 1949 Keyserling gained support from Truman advisors Dean Acheson and Clark Clifford Nourse resigned as chairman warning about the dangers of budget deficits and increased funding of wasteful defense costs Keyserling succeeded to the chairmanship and influenced Truman s Fair Deal proposals and the economic sections of NSC 68 that in April 1950 asserted that the larger armed forces America needed would not affect living standards or risk the transformation of the free character of our economy 8 1950s 80s edit During the 1953 54 recession the CEA headed by Arthur Burns deployed non traditional neo Keynesian interventions which provided results later called the steady fifties wherein many families stayed in the economic middle class with just one family wage earner The Eisenhower Administration supported an activist contracyclical approach that helped to establish Keynesianism as a possible bipartisan economic policy for the nation Especially important in formulating the CEA response to the recession accelerating public works programs easing credit and reducing taxes were Arthur F Burns and Neil H Jacoby 9 Until 1963 during its first seven years the CEA made five technical advances in policy making including the replacement of a cyclical model of the economy by a growth model the setting of quantitative targets for the economy use of the theories of fiscal drag and full employment budget recognition of the need for greater flexibility in taxation and replacement of the notion of unemployment as a structural problem by a realization of a low aggregate demand 10 The 1978 Humphrey Hawkins Full Employment Act required each administration to move toward full employment and reasonable price stability within a specific time period It has been criticized for making CEA s annual economic report highly political in nature as well as highly unreliable and inaccurate over the standard two or five year projection periods 11 1980 present edit This section needs expansion You can help by adding to it July 2017 Since 1980 the CEA has focused on sources of economic growth the supply side of the economy and on international issues 7 In the wake of the Great Recession of 2008 09 the Council of Economic Advisers played a significant role in supporting the American Recovery and Reinvestment Act 12 Organization editThe council s chairman is nominated by the president and confirmed by the United States Senate The members are appointed by the president As of July 2017 the council s eighteen person staff consisted of a chief of staff Director of Macroeconomic Forecasting fifteen economists five senior four research four staff economists two economic statisticians and two operations staff 13 Many of the staff economists are academics on leave or government economists on temporary assignment from other agencies 12 Composition edit nbsp The council and staff during the Biden administration in March 2023Chairs edit Name Start End PresidentEdwin Nourse August 9 1946 November 1 1949 Harry TrumanLeon Keyserling November 2 1949 Acting November 2 1949 May 10 1950 January 20 1953Arthur Burns March 19 1953 December 1 1956 Dwight EisenhowerRaymond Saulnier December 3 1956 January 20 1961Walter Heller January 29 1961 November 15 1964 John F KennedyLyndon JohnsonGardner Ackley November 16 1964 February 15 1968Arthur Okun February 15 1968 January 20 1969Paul McCracken February 4 1969 December 31 1971 Richard NixonHerbert Stein January 1 1972 August 31 1974Gerald FordAlan Greenspan September 4 1974 January 20 1977Charles Schultze January 22 1977 January 20 1981 Jimmy CarterMurray Weidenbaum February 27 1981 August 25 1982 Ronald ReaganMarty Feldstein October 14 1982 July 10 1984Beryl Sprinkel April 18 1985 January 20 1989Michael Boskin February 2 1989 January 20 1993 George H W BushLaura Tyson February 5 1993 April 22 1995 Bill ClintonJoe Stiglitz June 28 1995 February 10 1997Janet Yellen February 18 1997 August 3 1999Martin Baily August 12 1999 January 20 2001Glenn Hubbard May 11 2001 February 28 2003 George W BushGreg Mankiw May 29 2003 February 18 2005Harvey Rosen February 23 2005 June 10 2005Ben Bernanke June 21 2005 January 31 2006Edward Lazear February 27 2006 January 20 2009Christina Romer January 29 2009 September 3 2010 Barack ObamaAustan Goolsbee September 10 2010 August 5 2011Alan Krueger November 7 2011 August 2 2013Jason Furman 14 August 2 2013 January 20 2017Kevin Hassett 15 September 13 2017 June 28 2019 Donald TrumpTomas Philipson Acting June 28 2019 June 23 2020Tyler Goodspeed Acting June 23 2020 January 7 2021Cecilia Rouse March 12 2021 March 31 2023 Joe BidenJared Bernstein July 10 2023 IncumbentChief Advisers edit Joshua D Rauh 2019 20 16 Kevin Corinth 2020 21 17 Ernie Tedeschi 2023 present March 2024 18 Members edit John D Clark 1946 1953 Roy Blough 1950 1952 Leon Keyserling 1950 1953 Robert C Turner 1952 1953 Karl A Fox 1953 1955 Neil H Jacoby 1953 1955 Asher Achinstein 1954 1956 Walter W Stewart 1953 1955 Joseph S Davis 1955 1958 Paul W McCracken 1956 1959 Karl Brandt 1958 1961 Henry C Wallich 1959 1961 James Tobin 1961 1962 Kermit Gordon 1961 1962 John P Lewis 1963 1964 Otto Eckstein 1964 1966 James S Duesenberry 1966 1968 Merton J Peck 1968 1969 Warren L Smith 1968 1969 Paul Wonnacott 1968 1970 1991 1993 Hendrik S Houthakker 1969 1971 Herbert Stein 1969 1971 Ezra Solomon 1971 1973 Marina von Neumann Whitman 1972 1973 Gary L Seevers 1973 1975 William J Fellner 1973 1975 Paul W MacAvoy 1975 1976 Burton G Malkiel 1975 1977 William D Nordhaus 1977 1979 Lyle E Gramley 1977 1980 George C Eads 1979 1981 Stephen Goldfeld 1980 1981 William A Niskanen 1981 1985 Jerry L Jordan 1981 1982 William Poole 1982 1985 Thomas Gale Moore 1985 1989 Michael L Mussa 1986 1988 John B Taylor 1989 1991 Richard L Schmalensee 1989 1991 David F Bradford 1991 1993 Paul Wonnacott 1991 1993 Alan S Blinder 1993 1994 Carolyn Fischer 1994 1995 Joseph Stiglitz 1993 1995 Martin N Baily 1995 1996 Alicia H Munnell 1996 1997 Jeffrey A Frankel 1997 1999 Rebecca Blank 1998 1999 Yu Chin Chen 1999 2000 Robert Z Lawrence 1999 2001 Kathryn L Shaw 2000 2001 Mark B McClellan 2001 2002 Randall S Kroszner 2001 2003 Kristin Forbes 2003 2005 Harvey S Rosen 2003 2005 Katherine Baicker 2005 2007 Matthew J Slaughter 2005 2007 Donald B Marron Jr 2008 2009 Cecilia Rouse 2009 2011 Carl Shapiro 2011 2012 Katharine Abraham 2011 2013 James H Stock 2013 2014 Betsey Stevenson 2013 2015 Maurice Obstfeld 2014 2015 Jay Shambaugh 2015 2017 Sandra Black 2015 2017 Richard Burkhauser 2017 2019 Tomas J Philipson 2017 2020 Tyler Goodspeed 2019 2021 Heather Boushey 2021 present Jared Bernstein 2021 2023 Kirabo Jackson 2023 presentReferences edit a b Wage and Price Controls Encyclopedia com n d Council of Economic Advisers Economic Report of the President govinfo Economic Report of the President CEA The White House Retrieved 2023 06 04 Economic Report of the President The White House Retrieved 2023 06 04 History of the CEA The White House Retrieved 4 May 2021 nbsp Public domain a b Remarks by Chairman Alan Greenspan Receipt of the Truman Medal for Economic Policy Before the Truman Medal Award and Economics Conference Kansas City Missouri October 26 2005 Council of Economic Advisers website under President Bush Brune 1989 Engelbourg 1980 Salant 1973 Cimbala and Stout 1983 a b Flickenschild Michael Afonso Alexandre 2018 Networks of economic policy expertise in Germany and the United States in the wake of the Great Recession Journal of European Public Policy 26 9 1292 1311 doi 10 1080 13501763 2018 1518992 hdl 1887 71157 a href Template Cite journal html title Template Cite journal cite journal a CS1 maint multiple names authors list link Council of Economic Advisers Staff Whitehouse gov n d accessed 29 July 2017 Obama names Furman as new White House chief economist Reuters 2013 06 10 Senate Confirms Kevin Hassett as Chairman of the President s Council of Economic Advisers The Wall Street Journal 2017 09 12 Rauh named Principal Economic Adviser Retrieved March 21 2024 cite web url https www aei org profile kevin corinth 7Ctitle Kevin Corinth Bio access date March 21 2024 Tedeschi tapped to be Chief Economist Retrieved March 21 2024 Sources editBrazelton W Robert 2001 Designing U S Economic Policy An Analytical Biography of Leon H Keyserling New York Palgrave ISBN 0 333 77575 9 Brazelton W Robert 1997 The Economics of Leon Hirsch Keyserling Journal of Economic Perspectives 11 4 189 197 doi 10 1257 jep 11 4 189 ISSN 0895 3309 Brune Lester H 1989 Guns and Butter the Pre Korean War Dispute over Budget Allocations Nourse s Conservative Keynesianism Loses Favor Against Keyserling s Economic Expansion Plan The American Journal of Economics and Sociology 48 3 357 371 doi 10 1111 j 1536 7150 1989 tb03189 x ISSN 0002 9246 Cimbala Stephen J Stout Robert L 1983 The Economic Report of the President Before and after the Full Employment and Balanced Growth Act of 1978 Presidential Studies Quarterly 13 1 50 61 ISSN 0360 4918 Eizenstat Stuart E 1992 Economists and White House Decisions Journal of Economic Perspectives 6 3 65 71 doi 10 1257 jep 6 3 65 ISSN 0895 3309 Engelbourg Saul 1980 The Council of Economic Advisers and the Recession of 1953 1954 Business History Review 54 2 192 214 doi 10 2307 3114480 ISSN 0007 6805 JSTOR 3114480 S2CID 154554637 Flickenschild Michael Afonso Alexandre 2018 Networks of economic policy expertise in Germany and the United States in the wake of the Great Recession Journal of European Public Policy 26 9 1292 1311 doi 10 1080 13501763 2018 1518992 hdl 1887 71157 ISSN 1466 4429 a href Template Citation html title Template Citation citation a CS1 maint multiple names authors list link Leeson Robert 1997 The Political Economy of the Inflation unemployment Trade off History of Political Economy 29 1 117 156 doi 10 1215 00182702 29 1 117 ISSN 0018 2702 McCaleb Thomas S 1986 The Council of Economic Advisers after Forty Years Cato Journal 6 2 685 693 ISSN 0273 3072 Norton Hugh S 1977 The Employment Act and the Council of Economic Advisers 1946 1976 Columbia University of South Carolina Press ISBN 0 87249 296 6 Salant Walter S 1973 Some Intellectual Contributions of the Truman Council of Economic Advisers to Policy making History of Political Economy 5 1 36 49 doi 10 1215 00182702 5 1 36 ISSN 0018 2702 Sobel Robert 1988 Biographical Directory of the Council of Economic Advisers New York Greenwood Press ISBN 0 313 22554 0 Tobin James Weidenbaum Murray eds 1988 Two Revolutions in Economic Policy The First Economic Reports of Presidents Kennedy and Reagan Cambridge MIT Press ISBN 0 262 70034 4 Wehrle Edmund F 2004 Guns Butter Leon Keyserling the AFL CIO and the Fate of Full employment Economics Historian 66 4 730 748 doi 10 1111 j 1540 6563 2004 00094 x ISSN 0018 2370 S2CID 143607377External links editOfficial website nbsp List of recent reports by the Council of Economic Advisors Records of the Office of the Council of Economic Advisors 1953 61 Dwight D Eisenhower Presidential Library Papers of Arthur F Burns Dwight D Eisenhower Presidential Library Papers of Raymond J Saulnier Dwight D Eisenhower Presidential Library Economic Report of the President Economic Report of the President White House Economic Reports 1947 to present on FRASER St Louis Federal Reserve U S Bureau of Economic Analysis BEA US Gvt U S Bureau of Labor Statistics Economic Report of the President 1995 present United States Government Publishing Office Retrieved from https en wikipedia org w index php title Council of Economic Advisers amp oldid 1214876939, wikipedia, wiki, book, books, library,

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