Quote of the day
Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.
Arthur F. Burns
Born: August 27, 1904
Died: June 26, 1987 (aged 82)
Bio: Arthur Frank Burns was an American economist. His career alternated between academia and government. From 1927 to the 1970s, Burns taught and researched at Rutgers University, Columbia University, and the National Bureau of Economic Research.
Known for:
- Prosperity without inflation (1957)
- Measuring business cycles (1946)
- The frontiers of economic knowledge (1954)