FACULTY PROFILE
Paul W. McCracken
Edmund Ezra Day Distinguished University
Professor Emeritus of Business Administration,
Economics, and Public Policy.
Former Chairman of the President's Council of Economic Advisers.
Paul W.
McCracken is a native of Iowa. He holds an A.B. degree from William
Penn College, Oskaloosa, Iowa, and M.A. and Ph.D. degrees in economics
from Harvard University. Additionally, he holds honorary degrees
from several colleges and universities, including William Penn
College, Albion, Berea, Central Michigan University, and Northern
Michigan University. After graduate study at Harvard, he worked as an
economist in the U.S. Department of Commerce, Washington, D.C., and
then as a financial economist and director of research at the Federal
Reserve Bank of Minneapolis.
Since 1948, he has been a member of the faculty of the School of Business Administration at The University of Michigan. In 1966, he was appointed Edmund Ezra Day Distinguished University Professor of Business Administration at the University.
McCracken was on leave from the University, 1956-59, while he served as Member of the President's Council of Economic Advisers. He returned to the Council at the beginning of 1969 to serve for three years as its Chairman. He was also a member of President Reagan's Economic Policy Advisory Board. He is a member of the Public Oversight Board of the AICPA, a member of the Harvard Graduate Society Council, and has been Chairman of the National Bureau of Economic Research, and a member of the President's Council of Berea College.
McCracken has been a director of some companies, among them Dow Chemical Co., Johnson Controls, Lincoln National Corporation, Sara Lee, and Texas Instruments.
Author of periodic op-ed articles for the Wall Street Journal and of numerous papers and monographs on economic and financial policy, he has lectured and travelled throughout the world and participated on national and international economic commissions, task forces, and conferences. He is listed in "Who's Who in America," "International Who's Who in the Midwest," "Who's Who in American Politics," and in "American Men of Science."
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