Search Results - Kemmerer, Edwin Walter

Edwin W. Kemmerer

Edwin Walter Kemmerer (June 29, 1875 – December 16, 1945) was an American economist, who became famous as an economic adviser to foreign governments in many countries (Philippines, Mexico, Guatemala, Colombia, Germany, Chile, South Africa, Poland, Ecuador, Bolivia, China, Peru, and Turkey), promoting plans based on strong currencies, the gold standard, central banks, central bank independence, and balanced budgets. He helped design the U.S. Federal Reserve System in 1911, edited the ''American Economic Bulletin'' and the ''American Economic Review'', and became president of the American Economic Association in 1926.

He graduated with honors and a Phi Beta Kappa key from Wesleyan University, and earned his Ph.D. from Cornell University, where he taught (1906–1912). At 28, was appointed Financial Adviser to the U.S. Philippine Commission. In 1912 he became a professor at Princeton University, where he was made the first director of its new International Finance Section; by then Kemmerer had a well established reputation as an international expert on improving a nation's financial and monetary policies, a role commonly referred to as money doctor. He was a member of both the American Philosophical Society and the American Academy of Arts and Sciences. Provided by Wikipedia