1st Edition

The President And The Council Of Economic Advisors Interviews With Cea Chairmen

By Erwin C Hargrove, Samuel A Morley Copyright 1985
    511 Pages
    by Routledge

    511 Pages
    by Routledge

    Interviews with ten former chairmen of the Council of Economic Advisers--from the Truman to the Carter administrations--are gathered in this book to examine the relationship between economic advisers and the president and the institutional relationships among the CEA, executive departments, and federal financial agencies. The interviews also reconstruct major presidential decisions since the establishment of the CEA, such as the 1964 tax cut, the 1971 wage and price freeze, and presidential strategies for managing inflation and recession. In a preface to each interview, the editors analyze the conditions for CEA effectiveness, look at how well the advice of the Council has conformed to the presidential world view, and pinpoint the distribution of responsibility for policy analysis and advice within successive administrations.

    Westview Replica Editions -- Foreword -- Introduction -- Participants in the Vanderbilt Faculty Seminars -- The Council of Economic Advisers under Chairman Leon H. Keyserling, 1949–1953 -- The Council of Economic Advisers under Chairman Arthur F. Burns, 1953–1956 -- The Council of Economic Advisers under Chairman Raymond J. Saulnier, 1956–1961 -- The Council of Economic Advisers under Chairman Walter W. Heller, 1961–1964 -- The Council of Economic Advisers under Chairman Gardner Ackley, 1964–1968 -- The Council of Economic Advisers under Chairman Arthur Okun, 1968–1969 -- The Council of Economic Advisers under Chairman Paul W. McCracken, 1969–1971 -- The Council of Economic Advisers under Chairman Herbert Stein, 1972–1974 -- The Council of Economic Advisers under Chairman Alan Greenspan, 1974–1977 -- The Council of Economic Advisers under Chairman Charles Schultze, 1977–1981

    Biography

    "Erwin C. Hargrove is professor of political science at Vanderbilt University and is director of the Vanderbilt Institute for Public Policy Studies. Samuel A. Morley is professor of economics and business administration at Vanderbilt University and is a consultant for the World Bank."