Paul McCracken
Encyclopedia
Paul W. McCracken is an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 economist born in Richland, Iowa
Richland, Iowa
Richland is a city in Keokuk County, Iowa, United States. The population was 587 at the 2000 census.-Geography:Richland is located at ....

. He is currently the Edmund Ezra Day Distinguished University Professor Emeritus of Business Administration, Economics, and Public Policy at the University of Michigan
University of Michigan
The University of Michigan is a public research university located in Ann Arbor, Michigan in the United States. It is the state's oldest university and the flagship campus of the University of Michigan...

. McCracken was chairman of the President's Council of Economic Advisors from 1969 to 1971 under President Richard Nixon
Richard Nixon
Richard Milhous Nixon was the 37th President of the United States, serving from 1969 to 1974. The only president to resign the office, Nixon had previously served as a US representative and senator from California and as the 36th Vice President of the United States from 1953 to 1961 under...

. He chaired the American Enterprise Institute
American Enterprise Institute
The American Enterprise Institute for Public Policy Research is a conservative think tank founded in 1943. Its stated mission is "to defend the principles and improve the institutions of American freedom and democratic capitalism—limited government, private enterprise, individual liberty and...

's Council of Academic Advisors and served as interim president of the institute in 1986.

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