Lawrence B. Lindsey

Quick Facts

Full Name	Lawrence B. Lindsey
Occupation	Economist
Date Of Birth	Jul 18, 1954(1954-07-18)
Age	70
Country	United States
Birth City	Peekskill
Horoscope	Cancer

Lawrence B. Lindsey Biography

Lawrence B. Lindsey is one of the most popular and richest Economist who was born on July 18, 1954 in Peekskill, United States. Contrary the Chairperson Greenspan, Lindsey argued that the Federal Reserve had an obligation to stop the market’s bubble from exploding beyond control. He said the “the long term costs of a bubble to the economy and society are potentially great …. As in the United States in the late 1920s and Japan in the late 1980s, the case for a central bank ultimately to burst that bubble becomes overwhelming. I think it is far better that we do so while the bubble still resembles surface froth and before the bubble carries the economy to stratospheric heights.” In 2000, during the Presidential campaign the Governor Bush was criticised for selecting the economic adviser who already sold the entirety of his stock in 1998.

He is the writer of The Growth Experiment: How the new Tax Policy is changing the U.S. Economy (Basic Books, New York, 1990 ISBN 0465050703) Economic Puppetmasters Learning in the Courts of Power (AEI Press, Washington, D.C. 1999, ISBN: 0844740812) The President’s Guide to A President Must be aware of …but many learn too late: An Insider’s Perspective on How to Win in the Oval Office (Rowman & Littlefield Publishers, Inc., Maryland, 2008 ISBN 978-0742562226) and the Conspiracies of the ruling Class How to Break their Grip for Good (Simon and Schuster, 2016 ISBN 1501144233). Additionally, he has contributed many essays to professional publications. Honors and awards comprise those of the Distinguished Public Service Award of the Boston Bar Association, 1994 An honorary degree of Bowdoin College, 1993; selection as an Citicorp/Wriston Fellow for Economic Research in 1988 in addition to The Outstanding Doctoral Dissertation Award from the National Tax Association, 1985.

From 1997 to January 2001, Lindsey was a Resident Scholar and holder of the Arthur F. Burns Chair in Economics at the American Enterprise Institute in Washington, D.C. He was also Managing Director of Economic Strategies, an economic advisory service based in New York City. During 1999 and throughout 2000 he served as then-Governor George W. Bush’s chief economic advisor for his presidential campaign. He is a former associate professor of Economics at Harvard University.

Lindsey has been a senior advisor to several Republican campaigns. He led the economic team for then Governor George W. Bush’s successful presidential campaign in 2000, earning the trust of the future President who said at the time “I am very fond of Larry Lindsey and I value his advice”. During the 2008 Presidential election, Lindsey served as Fred Thompson’s Senior Economic Advisor. In 2012, Lindsey predicted on election day that Republican Mitt Romney would defeat President Obama. In April 2016, Lindsey supported Ted Cruz over his only remaining opponent, current President Trump, explaining that Cruz was the best candidate because he had an economic program deserving of the “top grade”.

Lindsey is well-known for identifying the development in the 1990s’ U.S. stock market bubble when she was a governor in the Federal Reserve. Based on meeting transcripts from September of the calendar year Lindsey rejected the idea that profits for companies would rise 11 1/2 percent constantly. He added, “Readers of this transcript five years from now can check this fearless prediction: profits will fall short of this expectation.” Based on the Bureau of Economic Analysis, the share of corporate profits of the national income decreased between 1997 and 2001. Prices for stocks eventually fell beginning in March 2000, however the S&P500 maintained its above-average level, thereby proving the claim of a bubble in the stock market in the year 1996.

Lawrence B. Lindsey Net Worth

Lawrence B. Lindsey is one of the richest Economist from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Lawrence B. Lindsey 's net worth $5 Million. (Last Update: December 11, 2023)

Lindsey was born the 18th of July 1954. He was born in Peekskill, New York. The school he attended was Lakeland Senior High School in Shrub Oak, New York in 1972. A member of the Alpha Rho Upsilon fraternity at Bowdoin College, he received his A.B. magna cum laude as well as Phi Beta Kappa from Bowdoin as well as his A.M. and Ph.D. in economics from Harvard University.

Lawrence B. “Larry” Lindsey (born July 18th 1954) is an American economist. He was the director of the National Economic Council (2001-2002) and was the advisor to the president for economic policy for U.S. The president of the United States, George W. Bush. He played a major role in the development of the president’s $1.35 trillion plan for tax cuts. He convinced candidate Bush that he required the “insurance policy” against an economic downturn. He resigned from at the White House in December 2002 and was replaced by Stephen Friedman after a dispute about the estimated costs associated with the Iraq War. Lindsey estimated that the cost associated with that Iraq War could reach $200 billion and Defense Secretary Donald Rumsfeld estimated that it could be less than $50 billion.

Lindsey served as a Member of the Board of Governors of the Federal Reserve System for five years from November 1991 to February 1997. Additionally, Lindsey was Chairman of the Board of the Neighborhood Reinvestment Corporation, a national public/private community redevelopment organization, from 1993 until his departure from the Federal Reserve.

Height, Weight & Body Measurements

Lawrence B. Lindsey height Not available right now. Lawrence weight Not Known & body measurements will update soon.

Who is Lawrence B. Lindsey Dating?

According to our records, Lawrence B. Lindsey is possibily single & has not been previously engaged. As of December 1, 2023, Lawrence B. Lindsey’s is not dating anyone.

Relationships Record : We have no records of past relationships for Lawrence B. Lindsey. You may help us to build the dating records for Lawrence B. Lindsey!

Facts & Trivia

Lawrence Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in United States. Lawrence B. Lindsey celebrates birthday on July 18 of every year.