Origins & Early Life

Arthur Frank Burns (April 27, 1904 – June 26, 1987) was an American economist and diplomat who served as the 10th chairman of the Federal Reserve from 1970 to 1978. He previously chaired the Council of Economic Advisers under President Dwight D. Eisenhower from 1953 to 1956 and served as the first Counselor to the President under Richard Nixon from January to November 1969. He also taught and researched at Rutgers University, Columbia University, and the National Bureau of Economic Research.

Pivotal Works & Achievements

President Nixon nominated him to succeed William McChesney Martin as Chairman of the Federal Reserve and later renominated him for another term. Burns was succeeded by G. William Miller when his second term expired, and then President Ronald Reagan chose him to serve as Ambassador to West Germany in 1981, where he remained in office until 1985. Burns was born in Stanislau (now Ivano-Frankivsk), Austrian Poland (Galicia), a province of the Austro-Hungarian Empire, in 1904 to Polish-Jewish parents, Sarah Juran and Nathan Burnseig, who worked as a house painter. He showed aptitude early in his childhood, when he translated the Talmud into Polish and Russian by age six...

Enduring Legacy & Impact

The historical impact and works continue to influence the modern world.

Contemporary Figures & Related Historical Timelines

• Alejo Carpentier — Contemporary (Born in 1904) (1904): Influential Cuban novelist, essayist, and musicologist of the Latin American Boom.
• Alice Rahon — Contemporary (Born in 1904) (1904): French-born Mexican poet and painter whose work bridged surrealism and abstraction.
• Anton Chekhov — Contemporary (Died in 1904) (1904): Master of Russian literature, celebrated for poignant realism and subtle drama.
• Aaron Carter — Contemporary (Born in 1987) (1987): American singer and rapper known for teen pop stardom and enduring musical career.
• Alexander Gustafsson — Contemporary (Born in 1987) (1987): Swedish mixed martial artist known for his elite Light Heavyweight contender status in the UFC.
• Amanda Knox — Contemporary (Born in 1987) (1987): American author and comedian known for her highly publicized trial in Perugia, Italy.
• Albert Soboul — Shared historical date (04-27 · Born) (1914): Influential French historian specializing in the French Revolution and Napoleonic eras.
• Anouk Aimée — Shared historical date (04-27 · Born) (1932): Iconic French actress known for her captivating roles from the 1940s to 2010s.
• Ahmad Sirhindi — Shared historical date (06-26 · Born) (1564): Influential Naqshbandi Sufi scholar who championed Islamic orthodoxy in the Mughal era.
• Antoine de Rivarol — Shared historical date (06-26 · Born) (1753): French royalist writer and translator active during the tumultuous Revolutionary era.
• 1904 Historical Timeline & Archive — Explore world events and figures from 1904
• April 27 (04-27) On This Day — Historical birthdays and events on April 27
• 1987 Historical Timeline & Archive — Explore world events and figures from 1987
• June 26 (06-26) On This Day — Historical events and memorials on June 26