American Philosophical Society
Member History

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Resident (1)
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1Name:  Dr. Alan S. Blinder
 Institution:  Princeton University
 Year Elected:  1996
 Class:  3. Social Sciences
 Subdivision:  302. Economics
 Residency:  Resident
 Living? :   Living
 Birth Date:  1945
   
 
Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University, where he founded Princeton’s Griswold Center for Economic Policy Studies in 1989. Dr. Blinder served as Vice Chairman of the Board of Governors of the Federal Reserve System from 1994 to 1996. In this position, he represented the Fed at various international meetings and was a member of the Board's committees on Bank Supervision and Regulation, Consumer and Community Affairs, and Derivative Instruments. He also chaired the Board in the Chairman's absence. Before becoming a member of the Board, Dr. Blinder served as a Member of President Clinton's original Council of Economic Advisers from 1993 until 1994. There he was in charge of the Administration's macroeconomic forecasting and also worked intensively on budget, international trade, and health care issues. During presidential campaigns, he has served as an economic adviser to Al Gore, John Kerry, Hillary Clinton, and Joe Biden. Dr. Blinder was born on October 14, 1945 in Brooklyn, New York. He earned his A.B. at Princeton University in 1967, his M.Sc. at the London School of Economics in 1968, and his Ph.D. at the Massachusetts Institute of Technology in 1971—all in economics. Dr. Blinder has taught at Princeton since 1971, and chaired the Department of Economics from 1988 to 1990. He is the author or co-author of more than twenty books, including the textbook Economics: Principles and Policy (now, with William J. Baumol and John Solow, in its 14th edition), from which over three million college students have learned introductory economics. In 2013 he wrote the award-winning After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead. He has also written Advice and Dissent: Why America Suffers when Economics and Politics Collide (2018), A Monetary and Fiscal History of the United States, 1961-2021 (2022), and scores of scholarly articles on such topics as fiscal policy, monetary policy, and the distribution of income. Dr. Blinder has been writing newspaper and magazine columns since 1981, and currently writes monthly for The Wall Street Journal. He also appears frequently on CNBC, Bloomberg, NPR, and elsewhere. Dr. Blinder served briefly as Deputy Assistant Director of the Congressional Budget Office when that agency started in 1975 and has testified many times before Congress on a wide variety of public policy issues. He is a member of the Council on Foreign Relations, a member of the Bretton Woods Committee, a former governor of the American Stock Exchange, and a former trustee of both the Council on Foreign Relations and the Russell Sage Foundation. He has been elected to the American Philosophical Society, the American Academy of Arts & Sciences, and the American Academy of Political and Social Science—which awarded him the Daniel Patrick Moynihan Prize in 2023. He and his wife, Madeline, live in Princeton, NJ. They have two sons and four grandchildren.
 
Election Year
1996 (1)