Paul Volcker
Sign in to saveAlso known as Paul A. Volcker, Paul Adolph Volcker, Paul Adolph Volcker, Jr., Paul Adolph Volcker Jr.
American economist (1927-2019)
OverviewAI-generated
Paul Volcker was born on September 5, 1927, and died on December 8, 2019. He was a person from Great Britain and had two children. His work is associated with concepts including Statement (logic), Economics, Political science, Law, and Business.
He is recognized in the American Academy Arts Sciences collection. His scholarly output includes 182 works cited by 689 sources, with an h index of 14. Five works are listed in Crossref, and two works appear in Open Library, specifically Great Minds of Business and Good intentions corrupted. He is also referenced by 525 other encyclopedia articles.
Synthesized by Vinony from 19 facts across 8 sources: Wikidata, Last.fm, OpenAlex, Crossref, MusicBrainz, Open Library, Vinony collections, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.
Person · Open Library
- Works
- 2
Top works
- Great Minds of Business
- Good intentions corrupted
via Open Library + Wikidata
Listeners · Last.fm
- Listeners
- 1
- Total plays
- 1
<a href="https://www.last.fm/music/Paul+Volcker">Read more on Last.fm</a>
Academic profile · OpenAlex
- Works
- 182
- Cited by
- 689
Research areas
Most cited works
- Leadership for America: Rebuilding the Public Service1990 · 159 cit
- Changing Fortunes: The World's Money and the Threat to American Leadership1992 · 59 cit
- Vision without Execution Is Hallucination2014 · 42 cit
- Statement Before the Joint Economic Committee1982 · 38 cit
- Facing up to the Twin Deficits1984 · 31 cit
via OpenAlex · CC0
Recent publications · Crossref
5 total works indexed
- Nonparametric Estimation from Incomplete Observations
· 1958 · cited 70,812x
- “Mini-mental state”
· 1975 · cited 68,260x
- Research electronic data capture (REDCap)—A metadata-driven methodology and workflow process for providing translational research informatics support
· 2009 · cited 46,778x
- Cytoscape: A Software Environment for Integrated Models of Biomolecular Interaction Networks
· 2003 · cited 45,699x
- SciPy 1.0: fundamental algorithms for scientific computing in Python
· 2020 · cited 36,438x
via Crossref · CC0
Quotes
- “This is a time of testing — a testing not only of our capacity collectively to reach coherent and intelligent policies, but to stick with them.”
- “Productivity growth in this country has actually been negative in a recent period. And, we have had higher oil prices; of course…. Under those conditions, the standard of living of the average American has declined.”
- “In the 1950s and 1960s, a substantial number of economists taking on a role of social philosopher defended a "little" inflation as a kind of social solvent, helping to reconcile competing political and economic pressures.… It was a game of mirrors, but it seemed acceptable for a while, more acceptable than imposing the degree of fiscal, monetary and other restraints necessary to deal with inflation.”
- “It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with "free banking."”
- “Fred Hirsch's last dicta: "A controlled disintegration in the world economy is a legitimate objective for the 1980's"… The phrase captures what seems to me the prevailing attitudes and practices of most governments in this decade.”
- “We live in a world in which individuals and businessmen… they want to do so unencumbered by national boundaries. At the same time, modern democracies, at least as much as other forms of government, long for autonomy; they want to control their own destinies in ways responsive to the needs of an electorate often concerned less with national than with local or sectorial interests. Yet, theory and experience indicate we can’t have it both ways, full integration and full autonomy.”
via Wikiquote · CC BY-SA
Key facts
- President
- Barack Obama
- Preceded by
- Position established
- Succeeded by
- Jeffrey R. Immelt (Council on Jobs and Competitiveness)
- Deputy
- Frederick H. Schultz , Preston Martin , Manuel H. Johnson
- Born
- Paul Adolph Volcker Jr. , ( 1927-09-05 ) September 5, 1927, Cape May, New Jersey , U.S.
- Died
- December 8, 2019 (2019-12-08) (aged 92), New York City , New York , U.S.
- Party
- Democratic
- Spouses
- Barbara Bahnson ( married</span>"}]]}'>m. September 11, 1954</span>"}]]}'>1954 ; died June 14, 1998</span>"}]]}'>1998 ) Anke Dening ( married</span>"}]]}'>m. February 11, 2010</span>"}]]}'>2010 )
- Education
- Princeton University ( BA ), Harvard University ( MA ), London School of Economics (attended)
via Wikipedia infobox
Wikidata facts
- Instance of
- human
- Given name
- Adolph
- Gender
- male
- Citizenship
- United States
- Place of birth
- Cape May
- Place of death
- New York City
- Occupation
- politician
- Political party
- Democratic Party (United States)
- Languages spoken
- English language
- Native language
- English language
- Religion
- Lutheranism
- Field of work
- economics of banking
- Image
- Paulvolcker.jpg
- Number of children
- 2
Show 10 more facts
- date of birth
- 1927-09-05
- Commons category
- Paul Volcker
- member of
- Group of Thirty
- cause of death
- prostate cancer
- different from
- Paul Völckers
- date of death
- 2019-12-08
- name in native language
- Paul Volcker
- birth name
- Paul Adolph Volcker Jr.
- replaced by
- Jeff Immelt
- manner of death
- natural causes
via Wikidata · CC0
~22 min read
Encyclopedic overview
Paul Adolph Volcker Jr. (September 5, 1927 – December 8, 2019) was an American economist who served as the 12th chairman of the Federal Reserve from 1979 to 1987. During his tenure as chairman, Volcker was widely credited with having ended the high levels of inflation seen in the United States throughout the 1970s and early 1980s, with measures known as the Volcker shock. He previously served as the president of the Federal Reserve Bank of New York from 1975 to 1979.
President Jimmy Carter nominated him to succeed G. William Miller as Fed chairman and President Ronald Reagan renominated him once. Volcker did not seek a third term at the Fed and was succeeded by Alan Greenspan. After his retirement from the Board, he chaired the Economic Recovery Advisory Board under President Barack Obama from 2009 to 2011 during the subprime mortgage crisis.
Excerpted from Wikipedia’s “Paul Volcker” article, available under the CC BY-SA 4.0 licence.