Daily Almanac for
Jul 26, 2008
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Arthur F. Burns

economist
Born: 1904
Birthplace: Stanislau, Austria

Having immigrated to the U.S. at age 10, he studied at Columbia and became a leading authority on business cycles. He eventually returned to Columbia to teach (1933–64) and served as an economic adviser to Presidents Eisenhower and Nixon, as chairman of the Federal Reserve (1970–78), and as U.S. ambassador to the Federal Republic of Germany (1981–85).

Died: 1987

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