Alan Blinder
Alan Blinder | |
|---|---|
| 15th Vice Chairman of the Federal Reserve | |
| In office June 27, 1994 – January 31, 1996 | |
| President | Bill Clinton |
| Preceded by | David W. Mullins Jr. |
| Succeeded by | Alice Rivlin |
| Member of the Federal Reserve Board of Governors | |
| In office June 27, 1994 – January 31, 1996 | |
| President | Bill Clinton |
| Preceded by | David W. Mullins Jr. |
| Succeeded by | Alice Rivlin |
| Personal details | |
| Born | October 14, 1945 New York City, U.S. |
| Education | Princeton University (BA) London School of Economics (MSc) Massachusetts Institute of Technology (PhD) |
| Academic background | |
| Doctoral advisor | Robert Solow |
| Academic work | |
| Discipline | Macroeconomics |
| School or tradition | New Keynesian economics |
| Doctoral students | Julio Rotemberg |
| Website | |
Alan Stuart Blinder (/ˈblaɪndər/, born October 14, 1945) is an American economics professor at Princeton University and is listed among the most influential economists in the world. He is a leading macroeconomist, politically liberal, and a champion of Keynesian economics and policies.
Blinder served on President Bill Clinton's Council of Economic Advisers from January 1993 to June 1994 and as the vice chairman of the Federal Reserve from June 1994 to January 1996.
His academic work has focused particularly on monetary policy and central banking, 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 financial crisis, Blinder drew ten lessons for fellow economists, including “Excessive complexity is not just anti-competitive, it's dangerous” and “Illiquidity closely resembles insolvency.”