Martin Neil Baily

Martin Neil Baily (born January 13, 1945 ) is an American economist who was also chairman of the Council of Economic Advisers .

Life

After attending school, Baily first studied at the University of Cambridge and then economics at the Massachusetts Institute of Technology (MIT), where he obtained a Philosophiae Doctor (Ph.D. Economics) in 1972 . He then took on a professorship at MIT and then at Yale University . Between 1979 and 1981 he was also a Senior Fellow at the Brookings Institution , before becoming Professor of Economics at the University of Maryland in 1989, where he taught until 1996.

During this time he was also a member of the Council of Economic Advisers from 1995 to 1996. Between 1999 and 2001 he was chairman of the Council of Economic Advisers and, as such, one of the closest economic policy advisers to President Bill Clinton .

From 2001 to 2001 he was a Senior Fellow at the Peterson Institute for International Economics and since 2002 Senior Advisor to McKinsey & Company . He also became a member of the Board of Directors of The Phoenix Companies, a financial services company based in Hartford, Connecticut , in 2005 . In 2007 he became a visiting fellow at the Peterson Institute for International Economics.

He has also worked for various economic institutions and organizations, including scientific advisor to the Congressional Budget Office , advisor to the Federal Reserve Bank of New York and visiting researcher at the National Bureau of Economic Research (NBER).

Most recently, he defended President Barack Obama's economic and financial policies as painful but necessary cuts.

Publications

Transforming the European Economy (2004)
US Pension Reform: Lessons from Other Countries (2009)

Web links

Individual evidence

^ THE WASHINGTON POST: Martin Neil Baily: Obama's economic policies were not pretty, but they were right (July 19, 2010)

personal data
SURNAME	Baily, Martin Neil
BRIEF DESCRIPTION	American economist, professor, and manager
DATE OF BIRTH	January 13, 1945

[1] THE WASHINGTON POST: Martin Neil Baily: Obama's economic policies were not pretty, but they were right (July 19, 2010)