Professional life Academic career īlinder is the Gordon S. He received an MSc in economics from the London School of Economics in 1968 and received a doctorate in economics from the Massachusetts Institute of Technology in 1971. He completed a 130-page long senior thesis, titled "The Theory of Corporate Choice". Blinder attended Princeton University as an undergraduate student and graduated summa cum laude with a B.A. He graduated from Syosset High School in Syosset, New York. 2.5 Views regarding 2008 near-meltdown of major financial institutionsīlinder was born to a Jewish family in Brooklyn, New York.Regarding the financial crisis of 2007–2008, Blinder drew ten lessons for fellow economists, including: " It can happen here," " Fraud and near-fraud can rise to attain macroeconomic significance," " Excessive complexity is not just anti-competitive, it's dangerous," and " Go-for-broke incentives will induce traders to go for broke." His writing has been published in The New York Times, The Washington Post, as well as a monthly column in The Wall Street Journal. Blinder's academic work has focused particularly on monetary policy and central banking, and on the " offshoring" of jobs. He served on President Bill Clinton's Council of Economic Advisers from January 1993 to June 1994 and as the Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 to January 1996. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University who served as the Vice Chair of the Federal Reserve from 1994 to 1996.īlinder is among the most influential economists in the world according to IDEAS/RePEc. Alan Stuart Blinder ( / ˈ b l aɪ n d ər/, born October 14, 1945) is an American economist and the Gordon S.
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