McCracken, Paul Winston
McCracken, Paul Winston, 1915–2012, American economist; b. Richland, Iowa. He taught at the Univ. of Michigan's school of business administration from 1948, except for time in government service. A specialist in banking and finance, he served on the Council of Economic Advisers (1956–59) under President Eisenhower and as its chairman (1969–71) under President Nixon. McCracken stressed balancing fiscal and monetary policy.
The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2022, Columbia University Press. All rights reserved.
See more Encyclopedia articles on: Economics: Biographies