Arthur Burns

Burns, Arthur 

Born Apr. 27, 1904, in Stanisławów, Galicia. American bourgeois economist. Graduated from Columbia University (1925); professor there (from 1933).

Burns headed the Council of Economic Advisers under President Eisenhower (1953–56). He has been president of the American Economic Association (1959), president of the Academy of Political Science (1961), chairman of the National Bureau of Economic Research (1967), and adviser to President Nixon on domestic economic problems (since 1969). Burns is the author of works analyzing the changes in the economic cycle of the USA that set in after World War II under the influence of government intervention and of structural changes in the economy. In the area of state regulation of the economy, he advocates the use of various economic levers, depending on the characteristics of the cycle.

WORKS

Measuring Business Cycles. New York, 1946. (With W. Mitchell.)
Economic Research and the Keynesian Thinking of Our Times. New York, 1946.
Production Trends in the US Since 1870. New York, 1950.
The Frontiers of Economic Knowledge. Princeton, 1954.
Prosperity Without Inflation. New York, 1958.
The Management of Prosperity. New York-London, 1966.

E. A. LEBEDEVA