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ALAN S.
BLINDER is the Gordon S. Rentschler Memorial Professor
of Economics and Director of the Center for Economic
Policy Studies at Princeton University. He is also
a partner in Promontory Financial Group, Vice Chairman
of the Promontory Interfinancial Network, and Vice
Chairman of the G7 Group.
Dr. Blinder served as Vice Chairman of the Board
of Governors of the Federal Reserve System from
June 1994 until January 1996. In this position,
he represented the Fed at various international
meetings, and was a member of |
the Board's committees
on Bank Supervision and Regulation, Consumer and
Community Affairs, and Derivative Instruments.
He also chaired the Board in the Chairman's absence.
He speaks frequently to financial audiences.
Before becoming a member of the Board, Dr. Blinder
served as a Member of President Clinton's original
Council of Economic Advisers from January 1993
until June 1994. There he was in charge of the
Administration's macroeconomic forecasting and
also worked intensively on budget, international
trade, and health care issues. During the 2000
presidential campaign, he served as Al Gore’s
chief economic adviser.
Dr. Blinder was born on October 14, 1945, in
Brooklyn, New York. He earned his A.B. at Princeton
University in 1967, M.Sc. at London School of
Economics in 1968, and Ph.D. at Massachusetts
Institute of Technology in 1971--all in economics.
At Princeton, Dr. Blinder chaired the Department
of Economics from 1988 to 1990, and founded Princeton's
Center for Economic Policy Studies. He has taught
at Princeton since 1971.
Dr. Blinder is the author or co-author of 15
books, including the textbook Economics: Principles
and Policy (with William J. Baumol), now in its
9th edition, from which nearly two million college
students have learned introductory economics.
He has also written scores of scholarly articles
on such topics as fiscal policy, monetary policy,
and the distribution of income. From 1985 until
joining the Clinton Administration, Dr. Blinder
wrote a lively monthly column in Business Week
magazine. Currently, he is a regular commentator
on PBS’s Nightly Business Report and appears
frequently on CNBC, CNN, and elsewhere.
Dr. Blinder served briefly as Deputy Assistant
Director of the Congressional Budget Office when
that agency started in 1975 and has testified
many times before Congress on a wide variety of
public policy issues. In 2002, he was appointed
by Governor James McGreevey to New Jersey’s
Pension Review Committee (along with former governors
Brendan Byrne and Thomas Kean). He is a Trustee
of the Russell Sage Foundation, a former governor
of the American Stock Exchange, and has been elected
to the American Philosophical Society and the
American Academy of Arts and Sciences.
He and his wife, Madeline, live in Princeton,
NJ; they have two sons, Scott and William, and
two grandsons, Malcolm and Levi.
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