James Dewey Daane

Background

Daane, James Dewey was born on July 6, 1918 in Grand Rapids, Michigan, United States. Son of Gilbert L. and Mamie (Blocksma) Daane.

Education

AB magna cum laude, Duke University, 1939. Master of Public Administration, Harvard University, 1946. Doctor in Public Administration (Littauer fellow), Harvard University, 1949.

Career

With Federal Reserve Bank, Richmond, Virginia, 1939-1960, assistant vice president, 1953-1957, vice president, 1957-1960, also consultant to president bank, adviser to president Minneapolis, 1960. Assistant to secretary treasury, 1960-1961. Deputy undersecretary treasury for monetary affairs, 1961-1963.

Member board governors Federal Reserve System, Washington, 1963-1974. Vice chairman board directors Commerce Union Bank, Sovran Bank/Center South, Nashville, 1974-1978. Chairman international policy committee Commerce Union Corporation, 1978-1987.

Director National Futures Association, Illinois, 1983—2002. Chairman international policy com Sovran Finance Corporation, Nashville, 1988. Chairman money market committee Commerce Union Bank, 1974-1987.

Chairman money market committee central S. Sovran Bank, 1988-1990. Associate economist Federal Open Market Committee, 1955-1956, 58-59. Chief International Monetary Fund Fiscal Mission to Paraquay, 1950-1951.

Vice chairman Tennessee Valley bank corporation Inc., 1975-1978. Frank K. Houston professor banking and finance Owen Graduate School Management, Vanderbilt University, 1974-1985, Valere Blair Potter professor banking and finance, 1985-1989, Frank K. Houston professor emeritus, since 1989, Alan R. Holmes professor economics Middlebury College, 1991-1993. Board directors Chicago Board of Trade, 1979-1982.

Professor finance Vanderbilt University.

Works

• book

  • Art of Monetary Policy: 1st (First) Edition

• Other Work

  • Editor: (with David C. Colander) The Art of Monetary Policy.

Membership

Board advisers Patterson School Diplomacy and International Commerce, University Kentucky. Member J.F. Kennedy School Government Association of Harvard University, American Economic Association, American Finance Association.

Connections

Married Blanche M. Tichenor, April 28, 1941 (divorced 1952). 1 daughter, Elizabeth Marie Daane Mallek. Married Onnie B. Selby, January 23, 1953 (deceased December 1961).

Married Barbara W. McMann, February 16, 1963. Children: Elizabeth Whitney, Olivia Quartel.

Father:

Gilbert L. Daane

Mother:

Mamie (Blocksma) Daane

Spouse:

Blanche M. Tichenor

Spouse:

Onnie B. Selby

Spouse:

Barbara W. McMann

child:

Elizabeth Whitney Daane

child:

Olivia Quartel Daane