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Charles Schultze

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(October 2024)
American economist and government official (1924–2016)
This article is about the economist. For the creator ofPeanuts, seeCharles M. Schulz.
Charles Schultze
11th Chair of theCouncil of Economic Advisers
In office
January 22, 1977 – January 20, 1981
PresidentJimmy Carter
Preceded byAlan Greenspan
Succeeded byMurray Weidenbaum
16th Director of theBureau of the Budget
In office
June 1, 1965 – January 28, 1968
PresidentLyndon B. Johnson
Preceded byKermit Gordon
Succeeded byCharles Zwick
Personal details
BornCharles Louis Schultze
(1924-12-12)December 12, 1924
DiedSeptember 27, 2016(2016-09-27) (aged 91)
PartyDemocratic
SpouseRita Schultze
EducationGeorgetown University(BA,MA)
University of Maryland, College Park(PhD)
Military service
AllegianceUnited States
Branch/service United States Army
Battles/warsWorld War II

Charles Louis Schultze (December 12, 1924 – September 27, 2016) was an Americaneconomist and public policy analyst. He served as the Chairman of theCouncil of Economic Advisers during the PresidentCarter Administration. Schultze was appointed the Assistant Director of theBureau of the Budget by PresidentJohn F. Kennedy in 1962, and was the director from 1965 until 1968 during PresidentLyndon Johnson'sGreat Society agenda. He was also a veteran ofWorld War II, during which he served in the army.[1]

Biography

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President Carter (far right) meeting with (l to r) Charles Schultze,Michael Blumenthal,Hamilton Jordan andJames Schlesinger in the oval office, 1978

A native ofAlexandria,Virginia, Schultze graduated fromGonzaga College High School and received his bachelor's (1948) and master's (1950) degrees in economics fromGeorgetown University. He was awarded a Ph.D. in economics from theUniversity of Maryland in 1960. He was an assistant professor of economics at Indiana University from 1959 to 1962.

He authored or co-authored dozens of books and articles on economics. Most recently, he co-edited a book withHenry J. Aaron titledSetting Domestic Priorities: What Can Government Do? He also completed a study entitled,Memos to the President: A Guide through Macroeconomics for the Busy Policymaker (Brookings, 1992). Among his better known works, several of which have been written in cooperation with other Brookings scholars, are:An American Trade Strategy: Options for the 1990s, co-edited with Brookings Senior Fellow Robert Z. Lawrence (Brookings, 1990);American Living Standards: Threats and Challenges, co-edited with Robert Z. Lawrence and Robert E. Litan (Brookings, 1988);Barriers to European Growth: A Transatlantic View, with Robert Z. Lawrence (Brookings, 1987);Economic Choices 1987 (Brookings, 1986); andOther Times, Other Places (Brookings, 1986).

Schultze was also a frequent contributor to such publications asAmerican Economic Review,The Brookings Review, andBrookings Papers on Economic Activity. In 1984, he served as president of theAmerican Economic Association.

He was involved with theBrookings Institution since 1968. He was director of Economic Studies from 1987–90 and a senior fellow from 1968–1977 and 1981–1987. As a senior fellow emeritus in the Economic Studies program, he was named as the recipient of The John C. and Nancy D. Whitehead Chair in 1997. He died in Washington, D.C., on September 27, 2016, from complications ofsepsis. He also had dementia in his later years.[1]

References

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  1. ^abCowan, Edward (27 September 2016)."Charles L. Schultze, economist in two Democratic administrations, dies at 91".Washington Post. Retrieved6 October 2016.

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