Keyserling after the Council of Economic Advisers: “The Conference on Economic Progress”

W. Robert Brazelton
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W. Robert Brazelton: University of Missouri

Chapter 5 in Designing US Economic Policy, 2001, pp 82-132 from Palgrave Macmillan

Abstract: Abstract After those years on the Council of Economic Advisers to the President, neither Leon Keyserling nor his wife, Mary Dublin Keyserling, retired. Neither one of them ever were the type of people to retire. There were too many things that needed to be done. One of the immediate projects of Leon Keyserling, as well as that of his wife, was the Conference on Economic Progress, which kept track of the economy; of economic policies; of the policies of the post-Truman Presidential Administrations; and proposed specific solutions to economic problems via the publications of the Conference on Economic Progress (CEP). There are too many such publications to deal with specifically here. However, the highlights of these in terms of the problems that Keyserling saw and the development of his thinking over the Post-Truman Era, 1953 to 1987, will be highlighted. They will show the development of both Keyserling and the economy of the nation from 1953–87. Keyserling’s emphasis on growth, the role of low interest rates, the cost of high interest rates, and other social needs will be seen throughout. Herein, I will pick some of the “Conference Reports” that I believe to be the most important or relevant for today.

Keywords: Interest Rate; Monetary Policy; Federal Reserve; Money Supply; Economic Adviser (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1057/9780230508514_5

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