Paul McCracken (economist)

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Paul McCracken
8th Chair of the Council of Economic Advisers
In office
February 4, 1969 – December 31, 1971
PresidentRichard Nixon
Preceded byArt Okun
Succeeded byHerbert Stein
Personal details
Paul Winston McCracken

(1915-12-29)December 29, 1915
Richland, Iowa, U.S.
DiedAugust 3, 2012(2012-08-03) (aged 96)
Ann Arbor, Michigan, U.S.
Political partyRepublican
Spouse(s)Emily Siler (1942–2005)
EducationWilliam Penn University (BA)
Harvard University (MA, PhD)

Paul Winston McCracken (December 29, 1915 – August 3, 2012) was an American economist born in Richland, Iowa.

He held an M.A. and Ph.D. from Harvard University in Economics and a B.A. from William Penn University.[1][2] He was the Edmund Ezra Day Distinguished University Professor Emeritus of Business Administration, Economics, and Public Policy at the University of Michigan.[1] McCracken was chairman of the President's Council of Economic Advisors from 1969 to 1971 under President Richard Nixon.[1] He took the lead in developing economic policy at the outset of the Nixon administration.[3]

In 1976 he was elected as a Fellow of the American Statistical Association.[4] He chaired the American Enterprise Institute's Council of Academic Advisors and served as interim president of the institute in 1986.[1]

He died on August 3, 2012 at age 96.[5]


  1. ^ a b c d "Paul W. McCracken". Nixon Library and Museum. Archived from the original on July 21, 2011. Retrieved February 21, 2011. CS1 maint: discouraged parameter (link)
  2. ^ Chan, S., "Paul W. McCracken, Adviser to Presidents, Dies at 96", The New York Times, AUG. 3, 2012, accessed December 15, 2016, from
  3. ^ Matusow, Allen J. (1998). Nixon's Economy: Booms, Busts, Dollars, & Votes. Lawrence, Kan.: University Press of Kansas. p. 12. ISBN 0-7006-0888-5. OCLC 37975682.
  4. ^ View/Search Fellows of the ASA, accessed 2016-08-20.
  5. ^ "Remembering Paul W. McCracken, 1915-2012, Professor Emeritus and Presidential Adviser". Archived from the original on 2013-10-09. CS1 maint: discouraged parameter (link)

External links[edit]

Political offices
Preceded by
Art Okun
Chair of the Council of Economic Advisers
Succeeded by
Herbert Stein
Non-profit organization positions
Preceded by
William Baroody
President of the American Enterprise Institute

Succeeded by
Christopher DeMuth