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Heller, Walter

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Heller, Walter, 1915–87, American economist, b. Buffalo, N.Y., grad. Oberlin College (A.B., 1935), Univ. of Wisconsin (M.A. 1938, Ph.D. 1941). He worked for the U.S. Treasury before joining the Univ. of Minnesota faculty in 1946 as a professor of economics. After service as a consultant to the United Nations (1952–60) and to the state of Minnesota (1955–60), he was chairman (1961–64) of the Council of Economic Advisers under President John F. Kennedy Kennedy, John Fitzgerald, 1917–63, 35th President of the United States (1961–63), b. Brookline, Mass.; son of Joseph P. Kennedy .

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. He left the council in 1964 but continued to serve as a consultant to President Lyndon B. Johnson Johnson, Lyndon Baines, 1908–73, 36th President of the United States (1963–69), b. near Stonewall, Tex.

Early Life



Born into a farm family, he graduated (1930) from Southwest Texas State Teachers College (now Southwest Texas State Univ.
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 until 1969. Heller advocated deficit spending to spur economic growth, and federal revenue sharing with the states. Heller became a Regent's Professor at the Univ. of Minnesota in 1967; he retired in 1986. His writings include Monetary vs. Fiscal Policy (1969; with Milton Friedman Friedman, Milton (frēd`mən), 1912–2006, American economist, b. New York City, Ph.D. Columbia, 1946.
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) and The Economy (1976).

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