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Alan Blinder Biography
Alan Blinder born as Alan Stuart Blinder is an American economist. He is the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs in the Economics Department, at Princeton University and also vice chairman of The Observatory Group. In 1990 he founded Princeton’s Griswold Center for Economic Policy Studies.
He has been a Research Associate of the National Bureau of Economic Research Since 1978. Blinder is also a co-founder and a vice chairman of the Promontory Interfinancial Network, LLC. According to IDEAS/RePEc he is among the most influential economists in the world, and is “considered one of the great economic minds of his generation.”
From July 27, 1993 to June 26, 1994 he served on President Bill Clinton’s Council of Economic Advisers , and as the Vice Chairman of the Board of Governors of the Federal Reserve System from June 27, 1994, to January 31, 1996. His current academic work has focused particularly on monetary policy and central banking, as well as the “offshoring” of jobs, and his writing for lay audiences has been published primarily but not exclusively in The New York Times, The Washington Post and Wall Street Journal, where he now writes a regular monthly op-ed column. His latest book is After the Music Stopped, published by Penguin in January 2013.
Alan Blinder Age
Blinder was born on October 14, 1945 in Brooklyn, New York. He is 73 years old as of 2018.
Alan Blinder Wife
Alan and his wife, Madeline, live in Princeton, NJ. The couple has two sons, Scott and William, and three grandsons, Malcolm, Levi, and Arthur.
Alan Blinder Education
Blinder graduated from Syosset High School in Syosset, New York. He received his undergraduate degree in economics from Princeton, graduating summa cum laude in 1967. He afterwards gained an MSc in economics from the London School of Economics (1968) and then received his doctorate in economics from the Massachusetts Institute of Technology in 1971. He was advised by Robert Solow.
Alan Blinder Books
- After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead
- Advice and Dissent: Why America Suffers When Economics and Politics Collide
- Paying for Productivity: A Look at the Evidence
- The Quiet Revolution: Central Banking Goes Modern (Arthur Okun Memorial Lectures Series)
- Hard Heads, Soft Hearts: Tough-minded Economics For A Just Society
- Toward an Economic Theory of Income Distribution (Economic Monograph)
Alan Blinder Wsj
Binder writes a regular monthly op-ed column in The Wall Street Journal. This is a U.S. business-focused, English-language international daily newspaper which is based in New York City. Along with its Asian and European editions the Journal, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. Since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser the Journal has been printed continuously.
Alan Blinder Princeton
Since 1971 Blinder has been at Princeton chairing the economics department from 1988 to 1990. He is a former president of the Eastern Economic Association and Vice President of the American Economic Association and was named a Distinguished Fellow of the latter in 2011.
since 1991 he has been a Fellow of the American Academy of Arts and Sciences. Since 1996 he has been a member of the American Philosophical Society , and a member of the board of the Council on Foreign Relations since 2008. Blinder’s textbook Economics: Principles and Policy, co-written with William Baumol, was first published in 1979 and, in 2012 was printed in its twelfth edition.
Blinder in 2009 was inducted into the American Academy of Political and Social Science, “for his distinguished scholarship on fiscal policy, monetary policy and the distribution of income, and for consistently bringing that knowledge to bear on the public arena.” Blinder is a strong proponent of free trade. He has been critical of the public discussion of the US national debt, describing it as generally ranging from “ludicrous to horrific”.
Alan Blinder Hillary Clinton
In 1975 Blinder served as the Deputy Assistant Director of the Congressional Budget Office , on President Bill Clinton’s Council of Economic Advisers from January 1993 to June 1994, and from June 1994 to January 1996 served as the Vice Chairman of the Board of Governors of the Federal Reserve System from . When he was a Vice Chairman, he cautioned against raising interest rates too quickly to slow inflation because of the lags in earlier rises feeding through into the economy. Blinder also warned against ignoring the short term costs in terms of unemployment that inflation-fighting could cause.
Many have argued that Blinder’s stint at the Fed was cut short because of his tendency to challenge chairman Alan Greenspan:
In 2000 and 2004 he was an adviser to Al Gore and John Kerry during their respective presidential campaigns.
Alan Blinder After The Music Stopped
In After the Music Stopped, he delivers a masterful narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we must do to recover from it. With bracing clarity, Blinder chronicles the perfect storm of events beginning in 2007, from the bursting of the housing bubble to the implosion of the bond bubble, and how events in the U.S. spread throughout the interconnected global economy. Truly comprehensive and eminently readable, After the Music Stopped is the essential book about the financial crisis.
Will Your Job Be Exported Alan S Blinder
In “Will Your Job Be Exported?”Blinder argued that the greatest problem for the next generation of American workers may not be lack of education, but that of moving jobs overseas. He states that “demand for labor appears to have shifted toward the college-educated and away from high school graduates and dropouts” (p. 8). Binder’s main point that he is making in this article is the fact that more and more jobs are going overseas. It doesn’t matter of they are low-end service jobs or high-end computer jobs.
The author is pressurize American’s to get trained for personal service jobs (such as Barbers, Doctor’s, plumbers, janitors). He began the story with a great quote by Edmund Burke “You can never plan the future by the past”. This was a great opening to the article. He continued to wrap up the article with another quote, by Churchill, “You can always count on Americans to do the right thing after they’ve tried everything else”