Phillip D. Cagan
| Phillip Cagan | |
|---|---|
| Born | April 30, 1927 Seattle, Washington |
| Died |
June 15, 2012 (aged 85) Palo Alto, California |
| Nationality | American |
| Institution |
Columbia University (1966–95) Brown University (1959–66) University of Chicago (1955–58) NBER (1954–55) |
| Field | Economist |
| School or tradition |
Chicago School of Economics |
| Alma mater |
University of Chicago (MA, PhD) UCLA (BA) |
| Doctoral advisor |
Milton Friedman |
| Contributions | Analysis of money Analysis of inflation |
| Awards | Fellow, Econometric Society (1975) |
Phillip David Cagan (April 30, 1927 – June 15, 2012) was an American scholar and author. He was Professor of Economics Emeritus at Columbia University.
Born in Seattle, Washington, Cagan and his family moved to Southern California shortly thereafter. Cagan joined the U.S. Navy at age 17 and fought in World War II. After the war, Cagan decided to go to college, and earned his B.A. from UCLA in 1948. Cagan received his M.A. in 1951, and his Ph.D. in Economics in 1954 from the University of Chicago.
After graduate school, Cagan joined the National Bureau of Economic Research (NBER) in New York City where he worked for two years. Then Cagan re-entered academia, teaching at the University of Chicago for three years, and at Brown University for seven years. In 1966 Cagan was hired by Columbia University, where he taught economics for nearly thirty years — save for fifteen months spent in Washington, D.C., when he was on the staff of the Council of Economic Advisors (CEA).
During his time at Columbia, Cagan was also associated with the American Enterprise Institute (AEI) in Washington, D.C., writing on public policy issues.
Cagan lived in Palo Alto, California during his last years.
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