Walter Heller

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Walter Heller (1974)

Walter Wolfgang Heller (born August 27, 1915 in Buffalo , New York , † June 15, 1987 in Silverdale , Washington ) was an American economist who was both Chairman of the Council of Economic Advisers and President of the American Economic Association .

Life

After attending school, Heller, the son of German immigrants , first studied at Oberlin College , where he obtained a Bachelor of Arts (BA) in 1935 . Subsequent postgraduate studies at the University of Wisconsin – Madison , he completed in 1938 with a Master of Arts (MA) and also acquired a Philosophiae Doctor (Ph.D.) there in 1941 .

He then stayed at the University of Wisconsin-Madison, where he held a professorship in economics until 1942 and also became a member of the honorary society Beta Gamma Sigma and the academic community Phi Beta Kappa . After working as a financial economist in the Treasury Department between 1942 and 1946 , he became a professor of economics at the University of Minnesota in 1946 and taught there until 1967. Between 1947 and 1948 he was also tax policy advisor to the US military government for Germany ( Office of the US Military Government for Germany ).

At the same time he was chairman of the Council of Economic Advisers between 1961 and 1964 and thus one of the closest advisers to Presidents John F. Kennedy and Lyndon B. Johnson on economic policy issues. In this capacity, his photo appeared on June 8, 1962 under the headline "White House Adviser Walter Heller" on the cover of the news magazine Time . Later he was also a member of the Committee for Internal Currency Regulations of the Ministry of Finance from 1965 to 1969.

In 1962, Heller was elected to the American Academy of Arts and Sciences and in 1975 to the American Philosophical Society . Most recently, Heller, who also worked for the Ford Foundation , was President of the National Bureau of Economic Research (NBER) from 1971 to 1974 . In 1974 he was also elected President of the American Economic Association (AEA).

Publications

  • State Income Tax Administration , co-author Clara Penniman, Madison, University of Wisconsin Press, 1959
  • New Dimensions of Political Economy , 1966
  • Monetary vs. Fiscal Policy (a dialogue with Milton Friedman ) , 1969
  • What's Right with Economics? , The American Economic Review , Issue 65, 1-26, 1975
  • The Economy: Old Myths and New Realities , New York, WWNorton, 1976

Web links

Individual evidence

  1. ^ Member History: Walter W. Heller. American Philosophical Society, accessed September 27, 2018 .
  2. ^ Past and Present Officers. aeaweb.org ( American Economic Association ), accessed October 28, 2015 .
personal data
SURNAME Heller, Walter
ALTERNATIVE NAMES Heller, Walter Wolfgang (full name)
BRIEF DESCRIPTION American economist
DATE OF BIRTH August 27, 1915
PLACE OF BIRTH Buffalo , New York
DATE OF DEATH June 15, 1987
Place of death Silverdale , Washington