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Arthur Frank Burns


Arthur Frank Burns, American former Chairman of the Board of Governors of the Federal Reserve System.


Burns, Arthur Frank was born on April 27, 1904 in Stanislau (now Ivano-Frankivsk), Ukraine.


Bachelor of Arts, Master of Arts, Doctor of Philosophy Columbia University, 1925, 1925, 1934. Honorary Doctor of Laws From 37 American Universities and Colls., and from 6 foreign Universities.


Assistant Stats, Gilder Fellow, Columbia University, 1926-1927. Instructor, Assistant Professor, Association Professor, Professor of Economics, Rutgers University, 1927-1930, 1930-1933, 1933-1943, 1943-1958. Research Association, Research Staff, Director Research President, Chairman, National Bureau of Economie Research, New York, New York, United States of America, 1930-1931, 1933-1969.

Chief State, 1945-1953, 1957-1967. 1967-1968; United States Railway Emergency Board, 1942. Chairman, United States President's Advisory Board Economics Growth and Stability, 1953-1956.


man, United States President's Council Economics Advisers, 1953-1956. Chairman, Cabinet Committee, Small Business, 1956. Member, United States Advisory Council Social Security Finance, 1957-1958.

Visiting Professor, J. B. Clark Professor of Economics, Columbia University, 1942-1944, 1959-1969. Member, New York Temporary State Commission Economics Expansion, 1959-1960. Member, United States President's Advisory Committee Labor-Management Policy, 1961-1966.

Member, New York Governor’s Committee Min. Wage, 1964; Visiting Professor of Economics, Stanford University, 1968. Counsellor, United States President, 1969-1970.

Chairman, Board Governors, Federal Reserve System, 1970-1978. Alternate Governor, International Monetary Fund, 1973-1978. Distinguished Scholar, American Enterprise Institute.

Distinguished Professor Lector, Georgetown University, 1978-1981. United States Ambassador, Federal Republic of Germany, 1981 - 1985 he was United States ambassador to West Germany.


  • Phi Beta Kappa; President, Distinguished Fellow, American Economic Association, 1959. Fellow, American Statistical Association. President, Academy Political Science, 1962-1968.

    Director, Nation Wide Securities Company, 1957-1968, Dividend Shares Incorporated, 1958-1968, Calvin Bullock Company, 1957-1968, 1978-1981. Distinguished Public Service Award, United States Tax Foundation, 1969. Korean Government, Mugunghwha Decoration, 1970.

    Distinguished Service Award, Investment Education, 1970. Award Excellence, Columbia University, 1974. Jefferson Award, American Institute, Institution Public Service, 1976.

    Alexander Hamilton Award, United States Treasury, 1976. Commander, French Legion of Honour, 1977. Japanese Order Rising Sun, First Class, 1978.

    German Grand Cross Order of Merit, 1978. Frank E. Seidman Distinguished Award Political Economics, 1978. Francis Boyer Award, American Enterprise Institute Public Policy Research, 1978.

    Charles Waldo Haskins Award, New York University, NYC, New York, USA, 1983.


Fellow American Economic Association (president 1959), American Statistical Association, Econometric Society, American Academy Arts and Sciences, Academy Political Science (president 1962-1968). Member (board directors 1957-1987), American Philosophical Society, Council Foreign Relations, Pilgrims Society, Institut de Science Economique Appliquee (correspondent), Phi Beta Kappa Clubs: Cosmos, City Tavern (Washington). Century Association (New York City).


Married Helen Bernstein, January 25, 1930. Children: David S., Joseph M.

Helen Bernstein

David S. Burns

Joseph M Burns