|1st Chair of the Council of Economic Advisers|
August 9, 1946 –November 1, 1949
|President||Harry S. Truman|
|Preceded by||Position established|
|Succeeded by||Leon Keyserling|
|Died||April 7,1974 90) (aged|
|Education|| Illinois Institute of Technology |
Cornell University (BA)
University of Chicago (MA,PhD)
Edwin Griswold Nourse (May 20,1883 –April 7,1974) was an American economist who served as the first chairman of the Council of Economic Advisers from 1946 to 1949.
Born in Lockport,New York,Nourse moved to a western suburb of Chicago at the age of four months,and considered himself a Midwesterner. His father worked in the city as a supervisor of public school music. His sister,Alice Tisdale Hobart,went on to become a bestselling novelist. In high school Nourse enjoyed English and history,and after spending a year at the Louis Institute,went on to Cornell University with an interest in civil engineering. In 1903 he was caught in a wave of typhoid fever that hit campus;upon his return he decided to simply get his A.B.,but also took several classes at the College of Agriculture. 
Following college,Nourse taught for two years in high school,spent a year on graduate studies,and then came to teach at the Wharton School,where he conceived of agricultural economics. From there he transited through the University of South Dakota,the University of Arkansas,Iowa State College,and on to the University of Chicago,where he received his Ph.D in 1915 for the dissertation "The Chicago Produce Market:A Study of Market Mechanism as a Factor in Price Determination". He continued to study and write about agricultural cooperation. 
Nourse was a friend of Harold Moulton,the first president of the Brookings Institution,and in 1923 he convinced Nourse to come work on the agriculture side of the Institute of Economics. He remained there until 1946,moving from the head of the agriculture division to director of Institute of Economics in 1929 and then vice president in 1942. 
Two years later in July he met President Harry S. Truman for the first time by way of Charles Griffith Ross to speak about becoming member of the newly created Council of Economic Advisors;Nourse subsequently resigned from Brookings to become its first chairman,with Leon Keyserling as his vice-chairman and John D. Clark as a member. 
Henry Agard Wallace was an American politician,journalist,farmer,and businessman who served as the 33rd vice president of the United States,the 11th U.S. Secretary of Agriculture,and the 10th U.S. Secretary of Commerce. He was the Progressive Party nominee in the 1948 presidential election.
The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946,which advises the President of the United States on economic policy. The CEA provides much of the empirical research for the White House and prepares the publicly-available annual Economic Report of the President.
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The 80th United States Congress was a meeting of the legislative branch of the United States federal government,composed of the United States Senate and the United States House of Representatives. It met in Washington,DC from January 3,1947,to January 3,1949,during the first and second years of Harry S. Truman's presidency. The apportionment of seats in this House of Representatives was based on the Sixteenth Census of the United States in 1940.
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