William A. Niskanen

William A. Niskanen [ nɪsˈkænən ] (actually: William Arthur Niskanen ; born March 13, 1933 in Bend ; † October 26, 2011 in Washington, DC ) was an American professor of economics and chairman of the Cato Institute .

Career

Niskanen graduated from Harvard University with a BA in 1954 . He completed his graduate degree in economics at the University of Chicago , where he studied with Milton Friedman , who, like other academic teachers, is one of the founders of the Chicago School of Economics . Niskanen earned his MA in 1955 and received his doctorate in 1962 on the basis of a dissertation on the economics of the sale of alcoholic beverages.

From 1975 to 1980, Niskanen was chief economist at Ford Motor Company . Under the government of Ronald Reagan , Niskanen became a member of the Council of Economic Advisers , of which he was interim chairman. After he left the council, he took over the management of the Cato Institute from 1985 to 2008.

plant

As a representative of the economic theory of the bureaucracy, he developed and published the so-called budget maximization theory in 1968 . Their core message is that the interest of a bureaucracy is to maximize its budget, because all other dimensions of benefit depend on it.

Fonts

Bureaucracy and Representative Government , 1968
Reaganomics: An Insider's Account of the Policies and the People , 1988
Autocratic, Democratic, and Optimal Government: Fiscal Choices and Economic Outcomes , 2003

Web links

Literature by and about William A. Niskanen in the catalog of the German National Library

Individual evidence

↑ William A. Niskanen, A Life Well Lived (Niskanen says his name at 1:37)
^ Portrait of William A. Niskanen in the Cato Institute
^ T. Rees Shapiro: William A. Niskanen, Jr., economist and former Cato Institute chairman, dies. - Washington Post . November 1, 2011. Retrieved November 3, 2011.

personal data
SURNAME	Niskanen, William A.
ALTERNATIVE NAMES	Niskanen, William Arthur
BRIEF DESCRIPTION	American economist, professor of economics and chairman of the Cato Institute
DATE OF BIRTH	March 13, 1933
PLACE OF BIRTH	Bend (Oregon)
DATE OF DEATH	October 26, 2011
Place of death	Washington, DC

[1] William A. Niskanen, A Life Well Lived (Niskanen says his name at 1:37)

[2] Portrait of William A. Niskanen in the Cato Institute

[washingtonpost.com-3] T. Rees Shapiro: William A. Niskanen, Jr., economist and former Cato Institute chairman, dies. - Washington Post . November 1, 2011. Retrieved November 3, 2011.