Background
Herbert Stein was born on August 27, 1916, in Detroit, Michigan, United States. He was the son of David and Jessie (Segal) Stein.
880 Main St, Williamstown, MA 01267, USA
In 1935, Herbert Stein received a Bachelor of Arts from Williams College.
5801 S Ellis Ave, Chicago, IL 60637, USA
In 1958, Herbert received a Doctor of Philosophy from the University Chicago.
880 Main St, Williamstown, MA 01267, USA
In 1935, Herbert Stein received a Bachelor of Arts from Williams College.
5801 S Ellis Ave, Chicago, IL 60637, USA
In 1958, Herbert received a Doctor of Philosophy from the University Chicago.
https://www.amazon.com/gp/product/0844735167/?tag=2022091-20
1983
(Rare First Edition. This book is actually new but there a...)
Rare First Edition. This book is actually new but there are 2 small tears on the front of the dust jacket so I didn't feel right describing it as new.
https://www.amazon.com/gp/product/B000L5BGRA/?tag=2022091-20
1984
(These forty-three short essays, take a look at the Washin...)
These forty-three short essays, take a look at the Washington "ecomomics industry," the political uses of economics, Keynesian and supply-side theories, misconceptions over federal deficits, and balanced budgets
https://www.amazon.com/gp/product/0029308704/?tag=2022091-20
1986
(There is an enormous concern today about the Federal budg...)
There is an enormous concern today about the Federal budget, and almost all of it begins and ends with the deficit as the problem. But as eminent economist Herbert Stein argues in Governing the $5 Trillion Economy, the solutions most often proposed are escapist. Freezes, across-the-board cuts, or constitutional amendents all fail to take into account the real needs of the nation and, worse yet, focus too narrowly on the Federal budget.
https://www.amazon.com/gp/product/0195060385/?tag=2022091-20
1989
(This book is a valuable asset for anyone seeking to make ...)
This book is a valuable asset for anyone seeking to make sense of economic news or, more importantly, to place it in a broader context.
https://www.amazon.com/gp/product/0844741035/?tag=2022091-20
1992
(Herbert Stein examines the events, policies, and personal...)
Herbert Stein examines the events, policies, and personalities that have shaped our economy for a half century. After tracing the development of economic theory from the Keynesian revolution of the 1930s to the supply-side revolution of the 1980s, he offers a critique of Reagan's "economics of joy." In the new chapters in this edition, Stein brings his analysis up to date with commentary on both the Bush and Clinton approaches to the economy.
https://www.amazon.com/Presidential-Economics-Economic-Roosevelt-Applications/dp/0844738514/?tag=2022091-20
1994
(Objective, readable, and witty, Herbert Stein resists bei...)
Objective, readable, and witty, Herbert Stein resists being pigeon-holed as liberal or conservative, as a member of any of the "schools" that warp the vision of many economists. In On the Other Hand, he gives a fresh view, derived from fifty-six years of participating in and observing Washington economics, of the economic policy and economic talk of our time.
https://www.amazon.com/gp/product/084473876X/?tag=2022091-20
1995
(This classic study chronicles the revolution in fiscal po...)
This classic study chronicles the revolution in fiscal policy that occurred in the United States between the administrations of Herbert Hoover and John F. Kennedy. Unforeseen by any economist or school of economists, this period witnessed the doctrine of balancing the budget give way to the principle of managing government expenditures and taxes to ensure stability and growth.
https://www.amazon.com/gp/product/0844739367/?tag=2022091-20
1996
(Herbert Stein has long been noted for the objectivity, cl...)
Herbert Stein has long been noted for the objectivity, clarity, and wit of his writing on the American economy. Millions of people have been reading, enjoying, and learning from his articles in the Wall Street Journal, the New York Times, the Washington Post, and most recently, Slate magazine on the Internet. Now, after sixty-five years as a student, teacher, presidential adviser, and commentator, he has collected his latest observations on the past and the present of the American economy and on his own life and times.
https://www.amazon.com/gp/product/0844740977/?tag=2022091-20
1999
Herbert Stein was born on August 27, 1916, in Detroit, Michigan, United States. He was the son of David and Jessie (Segal) Stein.
In 1935, Herbert Stein received a Bachelor of Arts from Williams College. In 1958, he received a Doctor of Philosophy from the University Chicago.
Stein's career as an economist began with the Federal Deposit Insurance Corporation in 1938 and led to various advisory positions during World War II. He worked with the Committee for Economic Development for over twenty years and was also a professor of economics at the University of Virginia from 1974 until his death. While serving in the U.S. Navy during World War II, Stein won a national contest sponsored by Pabst Brewing Company for his plan on how to maintain high employment after the war. When the war ended, he went to work for the Committee for Economic Development, a new think tank, where he continued to write on how to keep employment levels high. He stayed at the CED for two decades and played a key role in building support in the business community for the occasional strategic use of federal budget deficits.
Although Stein counseled President Nixon against imposing a freeze on wages and prices in 1971, he loyally supported Nixon’s decision to go ahead with the plan. Stein left government in 1974 to become the A. Willis Robertson Professor of Economics at the University of Virginia, and his association with AEI began soon after. In 1975, AEI President William J. Baroody Sr. appointed him an adjunct scholar, and he became a senior fellow three years later.
The institute launched The AEI Economist in 1977, and Stein was the editor and chief contributor of the monthly publication for the twelve years of its existence. During his tenure at AEI he also published several books, including Washington Bedtime Stories: The Politics of Money and Jobs (1986), Governing the $5 Trillion Economy (1989), and What I Think: Essays on Economics, Politics, and Life (1998). In 1996, the AEI Press published the second revised edition of The Fiscal Revolution in America, a magisterial history of U.S budgetary policy from the time of Herbert Hoover through the beginning of the Clinton administration. In1999, Stein and his AEI colleague Murray Foss completed the third edition of The Illustrated Guide to the American Economy.
Herbert Stein is best known for having served as the Chairman of the President’s Council of Economic Advisers from 1971 to 1974. He was a contributor to Agenda for the Nation, edited by Kermit Gordon, as well as the Wall Street Journal with his syndicated column, and also wrote a novel with his son, Benjamin Stein, titled On the Brink.
Stein was also known for having served as a member of President Nixon’s Council of Economic Advisers from 1969 to 1971 and as chairman of the council from 1972 to 1974.
(These forty-three short essays, take a look at the Washin...)
1986(Objective, readable, and witty, Herbert Stein resists bei...)
1995(This classic study chronicles the revolution in fiscal po...)
1996(This book is a valuable asset for anyone seeking to make ...)
1992(There is an enormous concern today about the Federal budg...)
1989(Herbert Stein examines the events, policies, and personal...)
1994(Herbert Stein has long been noted for the objectivity, cl...)
1999(Rare First Edition. This book is actually new but there a...)
1984Throughout Herbert's career, he argued that whether the budget was in balance or not was less important than is generally credited. As a member and chairman of the President's Council of Economic Advisers brought to Presidential decision-making the information and advice that contemporary economics had to offer. Continuing effort to supply objective analysis of economic policy issued to lay public through writing in newspapers and magazines and through lectures.
Quotations: “Few days in the life of a president’s economic adviser are that exciting. Still, the life is well described by frustration at the level of ideology and policy combined with high satisfaction at the level of atmosphere and activity.”
Stein had a rare gift for explaining economic issues to politicians and the public, but in his latter years he began to write more frequently about other subjects as well.
Quotes from others about the person
“Herbert Stein breaks all the rules of economic writing by making the subject understandable.” - William Safire
"Stein had been the model of a good colleague, encouraging his peers, always reading their work carefully, and offering helpful criticism." - Christopher DeMuth
On June 12, 1937, Herbert Stein married Mildred Fishman. They had two children: Rachel (Epstein) and Benjamin.
