Beryl Wayne Sprinkel
Beryl Wayne Sprinkel (born November 20, 1923 in Richmond , Missouri , † August 22, 2009 in Beecher , Illinois ) was an American economist , university professor and bank manager who was both undersecretary in the US Treasury Department and chairman of the Council of Economic Advisers was.
Life
After the United States entered World War II, Sprinkel did his military service in the 41st Armored Division of the US Army and after the end of the war studied administrative science at the University of Missouri , where he obtained a Bachelor of Science (BS Public Administration) in 1947 . After completing a subsequent postgraduate degree in business administration at the University of Chicago in 1948 with a Master of Business Administration (MBA), he initially took on a professorship at the University of Missouri between 1948 and 1949 . He was then a professor at the University of Chicago from 1949 to 1952, where he also acquired a Philosophiae Doctor (Ph.D. Economics and Finance) in 1952 .
After completing his teaching activities, he was a manager at the Harris Trust & Savings Bank of Chicago from 1952 to 1981, where he successively took on the roles of Vice President and Economist, Research Director, Executive Vice President and, most recently, Executive Vice President. From 1968 to 1980 he was also a member of the economic council of the news magazine Time . He was not only a Fellow of the National Association for Business Economics (NABE), but also worked for the American Bankers Association and the US Chamber of Commerce .
In 1981 he became State Secretary in the Undersecretary of the Treasury , where he was responsible for monetary policy until 1985 . He was then chairman of the Council of Economic Advisers between 1985 and 1989 and as such one of the closest advisers to US President Ronald Reagan on economic policy issues. In October 1987, he predicted the financial crisis and helped the government develop countermeasures.
Web links
- Beryl Wayne Sprinkel in the nndb (English)
- Key Administration Officials of the Reagan Administration (reagansheritage.org)
- THE WASHINGTON POST: BERYL W. SPRINKEL, 85th Economist Foresaw 1987 Financial Crisis (August 28, 2009)
| personal data | |
|---|---|
| SURNAME | Sprinkel, Beryl Wayne |
| BRIEF DESCRIPTION | American economist, university professor, and bank manager |
| DATE OF BIRTH | November 20, 1923 |
| PLACE OF BIRTH | Richmond , Missouri |
| DATE OF DEATH | August 22, 2009 |
| Place of death | Chicago , Illinois |