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Lawrence B. Lindsey was Director of the National Economic Council (2001-2002), and the Assistant to the President on Economic Policy for the U.S. President George W. Bush. He played a leading role in formulating President Bush's $1. more...

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35 trillion tax cut plan, convincing candidate Bush that he needed an "insurance policy" against an economic turndown. He left the White House in December 2002 and was replaced by Stephen Friedman after he estimated the cost of the Iraq war could reach $200 billion.

Dr. Lindsey, his wife, Susan, and children Troy, Emily, and Thomas reside in Clifton, Virginia.

Biography and achievements

Dr. Lindsey was born on July 18, 1954 in Peekskill, New York. He graduated from Walter Panas High School,town of Cortlandt, New York in 1972. He received his A.B. magna cum laude and Phi Beta Kappa from Bowdoin College and his A.M. and Ph.D. in Economics from Harvard University.

He is the author of The Growth Experiment: How the New Tax Policy is Transforming the U.S. Economy (Basic Books, New York, 1990) and Economic Puppetmasters: Lessons from the Halls of Power (AEI Press, Washington, D.C., 1999), and What A President Should Know ...but most learn too late: An Insiders View On How To Succeed In The Oval Office (Rowman & Littlefield Publishers, Inc., Maryland, 2008), and has contributed numerous articles to professional publications. His honors and awards include the Distinguished Public Service Award of the Boston Bar Association, 1994; an honorary degree from Bowdoin College, 1993; selection as a Citicorp/Wriston Fellow for Economic Research, 1988; and the Outstanding Doctoral Dissertation Award from the National Tax Association, 1985.

During the Reagan Administration, he served three years on the staff of the Council of Economic Advisers as Senior Staff Economist for Tax Policy. He then served as Special Assistant to the President for Policy Development during the first Bush administration

Dr. Lindsey served as a Member of the Board of Governors of the Federal Reserve System for five years from November 1991 to February 1997. Additionally, Dr. Lindsey was Chairman of the Board of the Neighborhood Reinvestment Corporation, a national public/private community redevelopment organization, from 1993 until his departure from the Federal Reserve.

From 1997 to January 2001, Dr. Lindsey was a Resident Scholar and holder of the Arthur F. Burns Chair in Economics at the American Enterprise Institute in Washington, D.C. He was also Managing Director of Economic Strategies, an economic advisory service based in New York City. During 1999 and throughout 2000 he served as then-Governor George W. Bush's chief economic advisor for his presidential campaign. He is a former associate professor of Economics at Harvard University.