%0 Journal Article
%T Constant Full Employment Growth: The Economic Analysis and Policies of Leon Hirsch Keyserling, Council of Economic Advisors ¨C The Truman Era and Beyond
%A W. Robert Brazelton
%J The American Economist
%@ 2328-1235
%D 2019
%R 10.1177/0569434518761253
%X This article discusses the generalized economic theories and policy prescriptions of Leon Hirsch Keyserling. Keyserling himself was a major author of the Employment Act of 1946, which created the Council of Economic Advisors. He became a member of the first council and later the second chair of the council, both during the Truman presidency. Keyserling also openly criticized the now-famous ¡°Accord¡± of 1951-1952 between the Treasury and the Federal Reserve. Examination of his work and service links Keyserling¡¯s later 16 economic policies to his goal of ¡°constant full employment growth.¡± JEL Classifications: E21, E31, E40, E51, N1
%K constant full employment growth
%K federal reserve accord
%K Tugwell
%K Keyserling
%K fiscal policy
%K monetary policy
%K Employment Act
%K Council of Economic Advisors
%K Heller
%K Friedman
%K pegging
%U https://journals.sagepub.com/doi/full/10.1177/0569434518761253