Beryl Sprinkel facts for kids
Quick facts for kids
Beryl W. Sprinkel
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| 14th Chair of the Council of Economic Advisers | |
| In office April 18, 1985 – January 20, 1989 |
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| President | Ronald Reagan |
| Preceded by | Marty Feldstein |
| Succeeded by | Michael Boskin |
| Personal details | |
| Born | November 20, 1923 Richmond, Missouri, U.S. |
| Died | August 22, 2009 (aged 85) Chicago, Illinois, U.S. |
| Political party | Republican |
| Spouses | Lory Reed; previous wives Esther Pollard (divorced) and Barabara Angus Pipher (died 1992) |
| Children | 3; 2 step children; 10 grandchildren |
| Education | University of Missouri, Columbia (BA) University of Chicago (MBA, PhD) |
Beryl Wayne Sprinkel (November 20, 1923 – August 22, 2009) was an important American economist. He worked for the United States government during the 1980s. He was a key advisor to President Ronald Reagan.
Before working for the government, Dr. Sprinkel had a long career in banking. He worked at the Harris Trust and Savings Bank in Chicago from 1952 to 1981. He became an executive vice president there.
Early Life and War Hero
Beryl Sprinkel grew up on a farm near Richmond, Missouri. When World War II started, he joined the military. He was part of the 2nd Armored Division. This division played a big role in the Battle of the Bulge. They helped defeat a major German attack in Belgium.
After the war, he went to college. He studied economics at the University of Missouri. Later, he earned more degrees from the University of Chicago. At Chicago, he was influenced by Milton Friedman. Friedman was a famous economist who won the Nobel Prize. Sprinkel learned about "monetarism" from him. This is an idea about how money supply affects the economy.
Government Service
In 1981, Beryl Sprinkel started working for the US government. He became the Under Secretary for Monetary Affairs in the US Treasury. He held this job until 1985.
From 1985 to 1989, he became the Chairman of the Council of Economic Advisers (CEA). This group gives economic advice to the President. He served in this role during President Ronald Reagan's time in office.
Later Years
Beryl Sprinkel passed away on August 22, 2009. He was 85 years old. He died in Chicago from a health condition. He was survived by his wife, Lory, and other family members.
