About Andrew Brimmer

Economics

Andrew F. Brimmer was the Wilmer D. Barrett Professor of Economics at the University of Massachusetts, Amherst. He earned a PhD from Harvard in 1957 and was a member of the Board of Governors of the Federal Reserve System from 1966 to 1974, the first African-American to serve in such a capacity. He currently operates Brimmer & Company Inc., an economic and financial consulting firm. He was the Thomas Henry Carroll Visiting Professor at the Harvard Business School from 1974 to 1976 and during his tenure helped establish the Central Bank of Sudan. He is Former Chairman of the District of Columbia Financial Responsibility and Management Assistance Authority from 1995 to 1998. He is also a director of several corporations, including BlackRock Mutual Funds, as well as a former director of Bank of America, DuPont, and UAL (United Airlines). Chairman of the Tuskegee University Board of Trustees and twice elected a Harvard Overseer, he received the Harvard Medal in 1995

His research was focused mainly in the area of monetary policy, international finance, economic development in the African-American community, and capital markets. His extensive publications include International Banking and Domestic Economic Policies: Perspectives in Debt and Development (University of California Press, 1986); Origins and Causes of the S&L Debacle: a Blueprint for Reform, National Commission on Financial Institution Reform, Recovery & Enforcement, 1993; “Central Banking and Systemic Risks in Capital Markets,” The Journal of Economic Perspectives, “Financial Regulation and the Fragility of the Banking System,” North American Journal of Economics & Finance, “Economic Cost of Discrimination against Black Americans,” in Margaret C. Simms, and Editor: Economic Perspectives on Affirmative Action, Joint Center for Political and Economic Studies, 1995.

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