Author

Goldenweiser, E. A., 1883-1953

Russian economist

In 1919, Goldenweiser was hired by the Federal Reserve Bank as an associate statistician. The newly established central bank had only opened for business in mid-November 1914. The Federal Reserve was to be his employer for the rest of his long career. He was appointed assistant director of research and statistics in 1925 and director in 1926. In 1945 he was appointed economic advisor to the Board of Governors from which position he retired in 1946. In his nearly twenty years as the director of research and statistics he had a major influence on the development of U.S. monetary and banking policies, often advising the administration, congress, and the banking community. His special expertise lay in the study of bank reserves and international flows of currency and gold. (Hence, along with his last name, the nickname of "Goldie" by which he was widely known.) From 1936 to 1945 he served as economic advisor to the Federal Open Market Committee. (Source: Wikipedia)

1883
1953
More Information

  • Goldenweiser, Emanuel Alexandrovich
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