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Laura Tyson

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American business academic
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Laura Tyson
2nd Director of theNational Economic Council
In office
February 21, 1995 – December 12, 1996
PresidentBill Clinton
Preceded byRobert Rubin
Succeeded byGene Sperling
16th Chair of theCouncil of Economic Advisers
In office
February 5, 1993 – April 22, 1995
PresidentBill Clinton
Preceded byMichael Boskin
Succeeded byJoseph Stiglitz
Personal details
BornLaura D'Andrea
(1947-06-28)June 28, 1947 (age 78)
Political partyDemocratic
EducationSmith College(BA)
Massachusetts Institute of Technology(MA,PhD)

Laura D'Andrea Tyson (born June 28, 1947) is an American economist and university administrator who is currently a Distinguished Professor of the Graduate School at theHaas School of Business of theUniversity of California, Berkeley and a senior fellow at theBerggruen Institute. She served as the 16th Chair of the White HouseCouncil of Economic Advisers from 1993 to 1995 and 2nd Director of theNational Economic Council from 1995 to 1996 under PresidentBill Clinton. Tyson was the first woman to hold each of those posts.[1] She remains the only person to have served in both posts.

Early life and education

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Tyson was born Laura D'Andrea in New Jersey.[2] Her father wasItalian American and her mother was of Swedish and Dutch descent.[3] Tyson graduatedsumma cum laude with a B.A. inEconomics fromSmith College in 1969 and earned her Ph.D. inEconomics from theMassachusetts Institute of Technology in 1974.[4] Her doctoral advisor wasEvsey Domar.[5] She joined the faculty of the economics department atPrinceton University in 1974 and remained in the position until 1977 when she became a professor of economics at theUniversity of California, Berkeley. She was appointed a professor ofbusiness administration in 1990.

Career

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On December 12, 1992, President-elect Bill Clinton announced his intention to nominate Tyson as Chairman of the President'sCouncil of Economic Advisers. She was confirmed by theUnited States Senate in 1993 and served until her appointment as Director of theNational Economic Council from 1995 to 1996. She was the first woman in both roles. During her time with theClinton administration, Tyson was a spokesperson in favour ofGATT, arguing with SirJames Goldsmith onCharlie Rose that American jobs would be increased by the trade agreement.

After leaving politics, Tyson returned to UC Berkeley, becoming Dean of theHaas School of Business from 1998 to 2001. She later served as Dean ofLondon Business School from 2002 to 2006. She was the first woman to lead both institutions.

Tyson has been a member of theCouncil on Foreign Relations since 1987, a board director ofMorgan Stanley since 1997, a board director ofAT&T Inc. since 1999, and a board director ofEastman Kodak. She is a member of theCommittee on Capital Markets Regulation. In December 2009 it was announced that Tyson would joinCB Richard Ellis Board of Directors on March 4, 2010.[6] Tyson also sits on theQFINANCE Strategic Advisory Board. Since 2019, she has served on the board of advisors for Angeleno Group, a private equity and venture capital firm focused on sustainable energy investments.[7]

Tyson at theWorld Economic Forum inDavos,Switzerland, 2007

Tyson has published a number of books and articles on industrial competitiveness,trade, and the economies ofCentral Europe and their transitions tomarket systems.[8][9]

Erik Brynjolfsson and Tyson at AEA 2025 in San Francisco

An "Economic Viewpoint" columnist forBusinessWeek magazine, Tyson writes regularly about domestic and international economic policy matters inThe Washington Post,The New York Times and other nationally and internationally syndicated newspapers and magazines.

In addition to her professorship at UC Berkeley, Tyson is also a member of the board of trustees at UC Berkeley's Blum Center for Developing Economies.[10] The center is focused on finding solutions to address the crisis ofextreme poverty and disease in the developing world.[11]

Tyson joinedBerkeley Research Group, LLC, an expert services advisory firm co-founded byDavid Teece, as a special advisor in 2010.[12] Tyson had consulted forLECG, another expert advisory firm founded by Teece, from 1997 to 2001.[13]

Since 2012, she has written monthly columns for international media organizationProject Syndicate.[14]

In November 2013, Tyson founded theInstitute for Business and Social Impact at the University of California, Berkeley, Haas School of Business.

References

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  1. ^"Laura D'Andrea Tyson Curriculum Vitae"(PDF).Haas School of Business. RetrievedApril 11, 2022.
  2. ^Fix, Janet L. (May 3, 1995)."LAURA TYSON // Even critics give her high marks".USA Today. Archived fromthe original on October 26, 2012. RetrievedJuly 6, 2017.
  3. ^http://www.managementtoday.co.uk/search/article/407205/the-andrew-davidson-interview-laura-tyson/[permanent dead link]
  4. ^Tyson, Laura D'Andrea (1974).Inflation in Yugoslavia, 1962-1972; an empirical analysis (Thesis). Massachusetts Institute of Technology.hdl:1721.1/13931.
  5. ^Inflation in Yugoslavia, 1962-1972; an empirical analysis.
  6. ^"Laura D. Tyson Joins CB Richard Ellis Group Inc. Board of Directors" (Press release). CB Richard Ellis. December 8, 2009. RetrievedDecember 10, 2009.
  7. ^"Dr. Laura D. Tyson".Angeleno Group. Retrieved2025-05-05.
  8. ^Laura Tyson (1993).Who's Bashing Whom: Trade Conflict in High Technology Industries. Washington, D.C.: Institute for International Economics.
  9. ^Laura Tyson."The corporate tax conundrum". Al Jazeera English. RetrievedMay 12, 2012.The country's relatively high rate encourages US companies to locate their investment, production and employment in foreign countries, and discourages foreign companies from locating in the US, which means slower growth, fewer jobs, smaller productivity gains and lower real wages.
  10. ^"Trustees of the Blum Center for Developing Economies". Archived fromthe original on 2011-11-10. Retrieved2011-10-26.
  11. ^blumcenter.berkeley.edu
  12. ^"Dr. Laura D'Andrea Tyson Joins Berkeley Research Group as a Special Advisor" (Press release). Berkeley Research Group. July 13, 2010. RetrievedMarch 28, 2012.
  13. ^"Archived copy"(PDF). Archived fromthe original(PDF) on 2010-06-13. Retrieved2012-03-28.{{cite web}}: CS1 maint: archived copy as title (link)
  14. ^"Laura Tyson - Project Syndicate".Project Syndicate. Retrieved2017-10-20.

External links

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Preceded by Chair of theCouncil of Economic Advisers
1993–1995
Succeeded by
Preceded by Director of theNational Economic Council
1995–1996
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Raymond Miles
Dean of theHaas School of Business
1998–2001
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2002–2006
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