Alan S. Blinder

Alan Stuart Blinder (, born October 14, 1945) is an American economist and the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University. He served as the 15th Vice Chair of the Federal Reserve from 1994 to 1996. Blinder is among the most influential economists in the world according to IDEAS/RePEc.He served on President Bill Clinton's Council of Economic Advisers from January 1993 to June 1994 and as the Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 to January 1996. Blinder's academic work has focused particularly on monetary policy and central banking, and on the "offshoring" of jobs. His writing has been published in The New York Times, The Washington Post, as well as a monthly column in The Wall Street Journal. Regarding the financial crisis of 2007–2008, Blinder drew ten lessons for fellow economists, including: "It can happen here," "Fraud and near-fraud can rise to attain macroeconomic significance," "Excessive complexity is not just anti-competitive, it's dangerous," and "Go-for-broke incentives will induce traders to go for broke."