Arthur Frank Burns
1904 - 1987
5
Quotes
Biography
Arthur Frank Burns (1904-1987) was an American economist and Chairman of the Federal Reserve from 1970 to 1978. He played a key role in stabilizing the U.S. economy during the turbulent times of the 1970s, focusing on combating inflation. Burns was known for his conservative economic views and was a close advisor to several U.S. presidents. He made significant contributions to the field of economics through his research and writings, influencing monetary policy in the United States.
Famous Quotes (5)
1
Inflation is too much money chasing too few goods.
2
We have relearned that the market works well.
3
Economics are the method; the object is to change the soul.
4
We're probably going through a deeper recession than at any time since the war.
5
A considerable percentage of the world's positive movements have been the result of international trade.