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Paul McCracken (economist)

American economist (1915–2012) From Wikipedia, the free encyclopedia

Paul Winston McCracken (December 29, 1915 – August 3, 2012) was an American economist born in Richland, Iowa.

PresidentRichard Nixon
Preceded byArt Okun
Succeeded byHerbert Stein
BornPaul Winston McCracken
(1915-12-29)December 29, 1915
Quick facts 8th Chair of the Council of Economic Advisers, President ...
Paul McCracken
8th Chair of the Council of Economic Advisers
In office
February 4, 1969 – December 31, 1971
PresidentRichard Nixon
Preceded byArt Okun
Succeeded byHerbert Stein
Personal details
BornPaul Winston McCracken
(1915-12-29)December 29, 1915
DiedAugust 3, 2012(2012-08-03) (aged 96)
PartyRepublican
SpouseEmily Siler (1942–2005)
EducationWilliam Penn University (BA)
Harvard University (MA, PhD)
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Biography

He held an M.A. and Ph.D. from Harvard University in Economics and a B.A. from William Penn University.[1][2] He was the Edmund Ezra Day Distinguished University Professor Emeritus of Business Administration, Economics, and Public Policy at the University of Michigan.[1] McCracken was chairman of the President's Council of Economic Advisors from 1969 to 1971 under President Richard Nixon.[1] He took the lead in developing economic policy at the outset of the Nixon administration.[3]

In 1976, he was elected as a Fellow of the American Statistical Association.[4] He chaired the American Enterprise Institute's Council of Academic Advisors and served as interim president of the institute in 1986.[1]

He died on August 3, 2012, at age 96.[5]

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