Charles Schultze

This article is about the economist. For the creator of Peanuts, see Charles M. Schulz.

Charles Schultze
11th Chair of the Council of Economic Advisers
In office January 22, 1977 – January 20, 1981
President	Jimmy Carter
Preceded by	Alan Greenspan
Succeeded by	Murray Weidenbaum
16th Director of the Bureau of the Budget
In office June 1, 1965 – January 28, 1968
President	Lyndon B. Johnson
Preceded by	Kermit Gordon
Succeeded by	Charles Zwick
Personal details
Born	Charles Louis Schultze (1924-12-12)December 12, 1924 Alexandria, Virginia, U.S.
Died	September 27, 2016(2016-09-27) (aged 91) Washington, D.C., U.S.
Political party	Democratic
Spouse	Rita Schultze
Education	Georgetown University (BA, MA) University of Maryland, College Park (PhD)
Military service
Allegiance	United States
Branch/service	United States Army
Battles/wars	World War II

Charles Louis Schultze (December 12, 1924 – September 27, 2016) was an American economist and public policy analyst. He served as the Chairman of the Council of Economic Advisers during the President Carter Administration. Schultze was appointed the Assistant Director of the Bureau of the Budget by President John F. Kennedy in 1962, and was the director from 1965 until 1968 during President Lyndon Johnson's Great Society agenda. He was also a veteran of World War II, during which he served in the army.

Biography

President Carter (far right) meeting with (l to r) Charles Schultze, Michael Blumenthal, Hamilton Jordan and James Schlesinger in the oval office, 1978

A native of Alexandria, Virginia, Schultze graduated from Gonzaga College High School and received his bachelor's (1948) and master's (1950) degrees in economics from Georgetown University. He was awarded a Ph.D. in economics from the University of Maryland in 1960. He was an assistant professor of economics at Indiana University from 1959 to 1962.

He authored or co-authored dozens of books and articles on economics. Most recently, he co-edited a book with Henry J. Aaron titled Setting Domestic Priorities: What Can Government Do? He also completed a study entitled, Memos to the President: A Guide through Macroeconomics for the Busy Policymaker (Brookings, 1992). Among his better known works, several of which have been written in cooperation with other Brookings scholars, are: An American Trade Strategy: Options for the 1990s, co-edited with Brookings Senior Fellow Robert Z. Lawrence (Brookings, 1990); American Living Standards: Threats and Challenges, co-edited with Robert Z. Lawrence and Robert E. Litan (Brookings, 1988); Barriers to European Growth: A Transatlantic View, with Robert Z. Lawrence (Brookings, 1987); Economic Choices 1987 (Brookings, 1986); and Other Times, Other Places (Brookings, 1986).

Schultze was also a frequent contributor to such publications as American Economic Review, The Brookings Review, and Brookings Papers on Economic Activity. In 1984, he served as president of the American Economic Association.

He was involved with the Brookings Institution since 1968. He was director of Economic Studies from 1987–90 and a senior fellow from 1968–1977 and 1981–1987. As a senior fellow emeritus in the Economic Studies program, he was named as the recipient of The John C. and Nancy D. Whitehead Chair in 1997. He died in Washington, D.C., on September 27, 2016, from complications of sepsis. He also had dementia in his later years.

External links

• Brookings scholar page
• Census Bureau biography
• Selected papers of Charles Schultze cited in the Allan H. Meltzer book A History of the Federal Reserve.
• "Charles L. Schultze". JSTOR.
• Appearances on C-SPAN