Description
Paul W. McCracken served as Chairman of the Council of Economic Advisers (CEA). His primary responsibilities were concerned
with developing economic policies of restraint to curb inflation without increasing unemployment. This file group is arranged
in eight different series that reflect McCracken’s position on the Administration’s “Troika” team, with Secretary of the Treasury
David Kennedy and OMB Director Robert Mayo. The series includes: Meeting Files; Memoranda Files; Correspondence Files; Subject
Files; Appointment and Telephone Messages; Invitations Declined; Press Statements and Speeches; and Newsclippings and Publications.
The Meeting Files are divided into five subseries: Presidential Meetings; Organization for Economic Cooperation and Development
(OECD) Economic Policy Committee Meetings; International Monetary Fund (IMF) Meetings; Joint U.S. – Japan Cabinet Committee
on Trade and Economic Affairs Meetings; and Paul McCracken Meeting.
Background
December 29, 1915 - Born in Richland, Iowa.
1937 - William Penn College, Oskaloosa, Iowa.
1942 - M.A. Economics degree, Harvard University.
May 27, 1942 - Married Emily Ruth Siler.
1942-1943 - Economist, U.S. Department of Commerce.
1943-1948 - Financial Economist and Director of Research, Federal Reserve Bank of Minneapolis.
1948 - Ph.D. Economics degree, Harvard University.
1948-1950 - Associate Professor, School of Business Administration, University of Michigan.
1950-1965 - Professor, Graduate School of Business Administration, University of Michigan.
1966-1969 - On leave from University as Member, Council of Economic Advisers (CEA.)
1969-1971 - Chairman, CEA.
1971- Edmund Ezra Day University Profess of Business Administration, University of Michigan.
1981-1986 - President's Advisory Board on Economic Policy.
Restrictions
Most government records are in the public domain; however, this series includes commercial materials, such as newspaper clippings,
that may be subject to copyright restrictions. Researchers should contact the copyright holder for information.