Murray Lew Weidenbaum (February 10, 1927 – March 20, 2014), was an American economist and author. He was the Edward Mallinckrodt Distinguished University Professor and Honorary Chairman of the Murray Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis. He served as the first Assistant Secretary of the Treasury for Economic Policy from 1969 to 1971, and he was chairman of President Ronald Reagan's first Council of Economic Advisors from 1981 to 1982.

Murray Weidenbaum
12th Chair of the Council of Economic Advisers
In office
February 27, 1981 – August 25, 1982
PresidentRonald Reagan
Preceded byCharles Schultze
Succeeded byMarty Feldstein
Assistant Secretary of the Treasury for Economic Policy
In office
June 23, 1969 – August 13, 1971
PresidentRichard Nixon
Preceded byPosition established
Succeeded byEdgar Fiedler
Personal details
Born(1927-02-10)February 10, 1927
New York City, New York, U.S.
DiedMarch 20, 2014(2014-03-20) (aged 87)
Clayton, Missouri, U.S.
Political partyRepublican
SpousePhyllis Green
Children3
EducationCity University of New York, City College (BBA)
Columbia University (MA)
Princeton University (PhD)

Biography

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Weidenbaum was born to a Jewish family in the Bronx.[1] He received a BBA from City College of New York, an M.A. from Columbia University, and a Ph.D. from Princeton University with thesis titled Government Spending: Process and Measurement.[2] He became a faculty member at Washington University in St. Louis in 1964 and was chair of the economics department from 1966 to 1969. In 1975 he helped found the Center for the Study of American Business at Washington University, which was later renamed the Weidenbaum Center in his honor.

Weidenbaum did extensive research on the role of the Overseas Chinese bamboo network in Southeast Asia. He explores the topic in his book The Bamboo Network: How Expatriate Chinese Entrepreneurs are Creating a New Economic Superpower in Asia.[3]

Weidenbaum died on March 29, 2014, at his home in Clayton, Missouri, at 87.[4]

References

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  1. ^ Sorin, Gerald (March 11, 1997). Tradition Transformed: The Jewish Experience in America (The American Moment). JHU Press. p. 219. ISBN 9780801854460.
  2. ^ Weidenbaum, M. L. (1959). "Government Spending: Process and Measurement". The Journal of Finance. 14: 101. doi:10.1111/j.1540-6261.1959.tb00501.x.
  3. ^ Murray L Weidenbaum (1 January 1996). The Bamboo Network: How Expatriate Chinese Entrepreneurs are Creating a New Economic Superpower in Asia. Martin Kessler Books, Free Press. ISBN 978-0-684-82289-1.
  4. ^ "Economist and presidential advisor Murray Weidenbaum dies at 87". St. Louis Post-Dispatch. March 21, 2014.
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Political offices
New office Assistant Secretary of the Treasury for Economic Policy
1969–1971
Succeeded by
Preceded by Chair of the Council of Economic Advisers
1981–1982
Succeeded by
  NODES
Note 1