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Topic: Alan Blinder


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In the News (Wed 30 Dec 09)

  
  CEPS | Princeton University
ALAN S. is the Gordon S. Rentschler Memorial Professor of Economics at Princeton University and Director of Princeton’s Center for Economic Policy Studies, which he founded in 1990.
Dr. Blinder was born on October 14, 1945, in Brooklyn, New York.
Blinder has taught at Princeton since 1971, and chaired the Department of Economics from 1988 to 1990.
www.princeton.edu /~ceps/blinderbio.htm   (436 words)

  
 Maestro
Blinder kept one foot in the traditional mainstream liberalism that looked out for those on the bottom of the economic ladder, but he was a Democrat who didn't use the class-warfare rhetoric Rubin detested.
Blinder was in favor of keeping inflation low, but he was worried that the Fed might be headed toward overkill, a crash instead of a soft landing.
Blinder was worried that _ of a point all at once could shatter confidence in the markets and have a negative effect on the rest of the economy, particularly on the people who were out there trying to buy homes.
partners.nytimes.com /books/first/w/woodward-maestro.html   (3627 words)

  
 The Quiet Revolution: Central Banking Goes Modern Business Economics - Find Articles
Blinder's central theme is the quiet transformation that has been going on in the way that central banks worldwide conduct their activities.
Blinder describes several types of committees: collegial (where the chairman forges a consensus), autocratic (where the chairman dominates), and democratic (where a majority vote rules).
Alan Greenspan, whom I would rate as the greatest central banker in history..." Nonetheless, Greenspan is taken to task for failing to meet Blinder's criteria.
www.findarticles.com /p/articles/mi_m1094/is_3_39/ai_n6194323   (844 words)

  
 Down To Business: Offshore Infighting - News by InformationWeek   (Site not responding. Last check: 2007-11-03)
At one extreme is Princeton University's Alan Blinder, a renowned economist and former adviser to President Clinton.
Blinder and others peg the number of U.S. services jobs already lost to foreign competition at less than 1 million, a small number in the macro scheme of things.
He argues that Blinder overestimates the number of jobs that are offshorable, assumes that just because a job can be offshored it will be, and fails to factor in the U.S. jobs that will be created from increased exports of services.
www.informationweek.com /LP/showArticle.jhtml?articleID=190400466   (735 words)

  
 AEI - Events
First, Blinder and Krueger find that 74 percent of respondents, regardless of demographics, said it is extremely important or very important to be informed about economic policy.
Blinder speculated on the reasons for such controversial findings: First, people may be confused about their self-interest.
Blinder’s paper sparked Liesman to recall the growing conspiracy theorists who believe that the government’s economic data is tainted.
www.aei.org /events/filter.,eventID.1205/summary.asp   (1248 words)

  
 [No title]   (Site not responding. Last check: 2007-11-03)
Alan S. Blinder is currently the Gordon S. Rentschler Memorial Professor of Economics and Co-Director of the Center for Economic Policy Studies at Princeton University, and Vice Chairman of the G7 Group.
Blinder was the Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 until January 1996.
Blinder was born on October 14, 1945, in Brooklyn, New York.
www.census.gov /hhes/income/pnlbio/abbio.html   (389 words)

  
 Transition 2005 World Economic Update Special Edition: The Administration’s Economic In-Box - Council on Foreign ...
Alan was a member of the Council of Economic Advisers and then vice chairman of the Fed during the Clinton administration.
BLINDER: I would say this in terms of the size of government: We now have reduced the tax share of GDP to the lowest since— you’ll help me, 1953?--I’m forgetting the year.
BLINDER: First, I guess I’d like to applaud the administration for paying any attention to this issue at all, because it’s the kind of thing that you can sweep under the rug, and it’s been swept under the rug for a long time.
www.cfr.org /publication.html?id=7644   (9273 words)

  
 Federal Reserve Bank of Minneapolis-The Region-Interview with Alan S. Blinder (December 1994)   (Site not responding. Last check: 2007-11-03)
Blinder: I have a very simple conceptual definition of zero inflation, which is not necessarily numerical: It's when ordinary people in their ordinary course of business stop thinking and worrying about inflation.
Blinder: I think there is a gathering consensus, although it is far from a unanimous opinion, that the natural rate of unemployment is somewhere pretty close to where we have been in recent months—say between 5.6 percent and 6.2 percent.
Blinder: What it means to me is that there are certain segments of society that I characterize as "underdogs" who need help from the government, and there are lots of other people who don't.
woodrow.mpls.frb.fed.us /pubs/region/94-12/int9412.cfm?js=0   (4980 words)

  
 Alan Blinder, "The Quiet Revolution: Central Banking Goes Modern": Archive Entry From Brad DeLong's Webjournal
Alan Blinders' Okun Lectures are three separate lectures dealing with three aspects of modern central banking.
In chapter 2 Alan Blinder argues that central banks have become much more transparent in the past decade, and that this transparency is a good thing.
Monetary policy is made by one dominant personality--Arthur Burns, Paul Volcker, Alan Greenspan--checked by the requirement that he induce the FOMC to assent (almost always unanimously assent) to his point of view.
www.j-bradford-delong.net /movable_type/archives/000866.html   (727 words)

  
 Central Banking in Theory and Practice (Alan Blinder)
Blinder acknowledges that this involves a whole pile of assumptions — about model selection, lags, and stochastic effects and of a linear economic model and a quadratic policy satisfaction function — and that it has severe limitations, but argues that it's the best that can be done and that the alternative is "asking one's uncle".
Blinder argues for using "the estimated real short-term rate of interest" instead of a monetarist approach; he also suggests that the neutrality of monetary policy be measured by comparison with a "neutral real interest rate", even if that is "difficult to estimate and impossible to know with precision".
Blinder finds none of them compelling: "The academic literature has focused on either the wrong problem or a nonproblem and has proposed a series of solutions that make little sense in the real world."
dannyreviews.com /h/Central_Banking.html   (479 words)

  
 Greenspan leaves a healthy legacy | Alan Wood | The Australian
Blinder was vice-chairman of the Fed under Greenspan from June 1994 to January 1996.
Might this be bias on Blinder's part, reflecting his time with Greenspan at the Fed? You need to know a little about Blinder at the Fed before making up your mind.
Blinder might have since joined the Greenspan fan club, but it would be surprising if he had done so uncritically, and his paper does make a number of criticisms of Greenspan.
www.theaustralian.news.com.au /story/0,20867,17999858-31478,00.html   (1167 words)

  
 Alan Blinder Calls for Actions, Not Words: Archive Entry From Brad DeLong's Semi-Daily Journal
Alan Blinder--former Vice Chair of the Federal Reserve, former Vice Chair of the Council of Economic Advisers, and one of my heroes and role models since before I was a professor--calls for the U.S. government to take actions, not just mouth words, to fix investor confidence in the numbers that they are fed.
Alan S. Blinder, former vice chair man of the Federal Reserve, is a professor of economics at Princeton.
Blinder was a strong believer in the Phillips Curve even after his tenure at the Fed where unemployment, growth and inflation started behaving unpredictably.
www.j-bradford-delong.net /movable_type/archives/000389.html   (2224 words)

  
 Progressives should be for progress | TPMCafe
Blinder makes some sound economic arguments (although it is tiresome to hear economists always touting the benefits of free trade like it's Gospel), but as a last commentor stated, the real problem comes with the "entrenched interests" comment.
Blinder is correct to argue that liberals traditionally favored free trade, as Democrats from Woodrow Wilson and Franklin Roosevelt saw it as a way to shape up large industries and provide for lower prices.
Alan Blinder hits close to another moral issue I have always had with protectionism.
bookclub.tpmcafe.com /story/2005/11/9/104721/054   (12712 words)

  
 Blinder faith - Federal Reserve Vice Chairman Alan Blinder National Review - Find Articles
In so doing, Blinder contradicted the views of his boss, Alan Greenspan, and offended Bundesbank head Hans Tietmeyer, both of whom were present.
Bolstered by government taxing and spending, money manipulation by the Fed is supposed to give the government a near-complete ability to drive the economy by stepping on the gas during recessions or putting on the brakes should the economy overheat into inflation.
But Blinder is being touted by many as the next Federal Reserve chairman, and even now he is in a position as vice chairman to tilt the center of monetary gravity away from the relatively hard-money policies that have prevailed until recently.
www.findarticles.com /p/articles/mi_m1282/is_n18_v46/ai_15844210   (827 words)

  
 FORMER FED VICE CHAIRMAN ALAN BLINDER SEES MORE RATE CUTS AHEAD   (Site not responding. Last check: 2007-11-03)
In an interview on CNBC, Blinder added he didn't think the Fed went far enough when it cut the federal funds rate to 5.25% from 5.50% Tuesday, but he said it isn't surprising to see the central bank moving incrementally when it changes direction.
Blinder also said he didn't think the U.S was at great risk of sliding into a recession.
For that reason, Blinder said he would not have agreed with Cleveland Fed Bank President Jerry Jordan, who dissented from the Fed's Aug 18 vote to leave policy unchanged in favor of an immediate rate hike to ward off future inflation.
www.businessweek.com /bwdaily/dnflash/oct1998/nf81001f.htm   (281 words)

  
 Economist Alan S. Blinder To Discuss Clash between Politics and Economics
The Gordon S. Rentschler Memorial professor of economics and co-director of the Center for Economic Policy Studies at Princeton University, Blinder is the author or co-author of 12 books, including the textbook Economics: Principles and Policy, now in its eighth edition, from which more than a million college students have learned introductory economics.
Blinder has written scores of scholarly articles on topics such as fiscal policy, monetary policy and the distribution of income.
He served as a member of President Clinton's original Council of Economic Advisers from Jan. 1993 until June 1994, in charge of the administration's macroeconomic forecasting.
www.wellesley.edu /PublicAffairs/Releases/2002/032902.html   (406 words)

  
 Book Reviews - AFSM International   (Site not responding. Last check: 2007-11-03)
The heart of the Blinder argument in the first lecture is that central banks must develop monetary policy to address the short-term economic issues, but only as part of a long-term strategy.
Blinder’s lectures give an insight to the relationship of the central bank to other governmental institutions, but the book sheds little light upon the type of fiscal policy that Blinder would advocate in a Gore administration.
As opposed to Blinder’s lectures, which were targeted toward the role of the central bank, Lindsey uses his book to present an argument for an equal role for supply-side analysis, along with Keynesian demand-side analysis, in discussions of macroeconomic policy.
www.afsmi.org /sbusiness/journal/sep00/sep-018.htm   (1809 words)

  
 Alan Blinder - Monetary Policy   (Site not responding. Last check: 2007-11-03)
ALAN S. BLINDER is the Gordon S. Rentschler Memorial Professor of Economics and Co-Director of the Center for Economic Policy Studies at Princeton University.
Blinder served as Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 until January 1996.
Blinder is the author or co-author of 15 books, including the textbook Economics: Principles and Policy (with William J. Baumol), now in its 9th edition, from which nearly two million college students have learned introductory economics.
www.researchconnect.com /researchers/expert_744.asp   (434 words)

  
 Keynesian Economics, by Alan S. Blinder: The Concise Encyclopedia of Economics: Library of Economics and Liberty
Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics at Princeton University.
He was previously vice-chairman of the Federal Reserve's Board of Governors, and before that was a member of President Clinton's Council of Economic Advisers.
Blinder, Alan S. "Keynes after Lucas." Eastern Economic Journal (July-September 1986): 209-16.
www.econlib.org /library/Enc/KeynesianEconomics.html   (2440 words)

  
 EconLog, Alan Blinder is Not Stupid, Arnold Kling: Library of Economics and Liberty
EconLog, Alan Blinder is Not Stupid, Arnold Kling: Library of Economics and Liberty
Blinder is saying nother more than the fact that he doesn't know where we are going, but we're going to get there faster than anyone else.
By quoting Blinder he gives the false appearence that the two are in accord with one another when clearly they are giving roughly the opposite conclusion.
econlog.econlib.org /archives/2006/03/alan_blinder_is.html   (1664 words)

  
 Nightly Business Report . Alan S. Blinder | PBS
ALAN S. BLINDER is a Partner in the Promontory Financial Group as well as the Gordon S. Rentschler Memorial Professor of Economics at Princeton University.
Prior to his current position, Dr. Blinder was the Vice Chairman of the Board of Governors of the Federal Reserve System, 1994-96.
Blinder is the author of numerous books and articles about economics and fiscal policy, including Economics: Principles and Policy - the popular textbook he co-authored with William J. Baumol.
www.pbs.org /nbr/site/about/bio/blinder   (145 words)

  
 PKT message, Re: Alan Blinder and Employment   (Site not responding. Last check: 2007-11-03)
According to the Financial Times' version of The Blinder Heresy, AB was directing his remarks at Buba and its European colleagues, not the US, which he acknowledged was close to if not at full employment.
Blinder's public statement at > Jackson Hole was a major development.
Re: Alan Blinder and Employment, James K. Galbraith Thu 01 Sep 1994, 03:13 GMT
marx.econ.utah.edu /archives/pkt/1994m08/msg00241.htm   (453 words)

  
 Alan (name) - Wikipedia, the free encyclopedia
The name Alan was particularly popular among American parents in the early- and mid-20th century, and is very widely used in the British Isles.
Alan Arakawa, mayor of the county of Maui, Hawaii
Alan Shearer, former footballer for Newcastle United and England.
en.wikipedia.org /wiki/Alan_(name)   (1111 words)

  
 Beat the Press: Is Alan Blinder a Protectionist?
He then cites a recent article by Princeton University professor and former Fed Vice-Chairman Alan Blinder (identified as “no protectionist”) warning that the trend toward declining wages due to competition with the developing world is likely to spread to more sectors in the future.
The answer of course is that Alan Blinder, Bill Clinton and the other “free traders” referred to in the article are in fact protectionists.
The interesting thing about Blinder's article (and interview) is that he understands technological change and says it will only continue to shrink the world.
beatthepress.blogspot.com /2006/06/is-alan-blinder-protectionist.html   (3166 words)

  
 Alan S. Blinder Books - Signed, used, new, out-of-print
This macroeconomics text is well known for using the Keynesian model in the teaching of economics; yet in recent editions, the authors have expanded coverage of the growth model considerably to achieve more balanced coverage.
Alan S. Blinder and Janet L. Yellen have written the first comprehensive analytical history of this important period.
Since introducing the aggregate supply/aggregate demand model as a fundamental tool for learning economics in the first edition of their textbook, William Baumol and Alan Blinder have, for over two decades, led the teaching and learning of economics with their authoritative and timely discussion of the field.
www.alibris.co.uk /search/books/author/Alan_S_Blinder   (1264 words)

  
 TAP: Vol 8, Iss. 35. Can't We Grow Faster?. Alan S. Blinder.   (Site not responding. Last check: 2007-11-03)
Alan Blinder versus Barry Bluestone and Bennett Harrison
Continuing the debate from "The Speed Limit," by Alan S. Blinder, and "Why We Can Grow Faster," by Barry Bluestone and Bennett Harrison (September-October 1997).
We applaud the fact that Alan Greenspan has prevailed over those within the Fed who would have raised interest rates by now.
www.prospect.org /print/V8/35/blinder-a.html   (2224 words)

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