Council of Economic Advisors
11
4.2
- noun
- Formal
:
Consejo de Asesores Económicos
- Blinder uses this to describe the differences between decision-making at the Council of Economic Advisors and at the "apolitical" Federal Reserve.
- the Council of Economic Advisors
Examples
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He was Chair of the Council of Economic Advisers from 1982 to 1984.
Academic text (2012) -
The president may defer to the Council of Economic Advisors on economic projections, but the decision is his, not theirs.
Academic text (1995) -
Van Jones, special advisor for green jobs and enterprise, is with the Council of Economic Advisors.
Blog text (31) -
She was the chair of the Council of Economic Advisers, then director of the National Economic Council under Clinton.
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AFL/CIO wanted him off the Council of Economic Advisors for not supporting the pension bill, and the president's going to need labour next fall.
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Sheiner, a fellow member of that group, has worked for both the Treasury and the Council of Economic Advisers previously.
Blog text (27) -
Walter Heller, chairman of the Council of Economic Advisers, gave John F. Kennedy a copy.
Blog text (27) -
Tyson became Clinton's chairman of the Council of Economic Advisers and a major player in trade debates.
Academic text (1996) -
Glenn Hubbard is the Dean of Columbia Business School and was chairman of the Council of Economic Advisers under George W. Bush.
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The Council of Economic Advisers plays a crucial role in shaping the economic policies of the President.
Surface Forms
Morphology
council + of + economic + advisor
The phrase is compositionally built from 'council' (a group convened to advise), 'economic' (relating to the economy), and 'advisors' (people who give advice), so its core meaning—a council made up of advisors on economic matters—is directly derivable from the parts. This is a common institutional 'council of X' pattern cross-linguistically, so a B1 learner who knows the constituents will readily infer the basic meaning (even if they might not know the specific fact that it advises the U.S. President).
Etymology
Council of Economic Advisors is made of simple parts: a council is a small group, economic means about the economy, and advisors are people who give advice. So the name means a group of experts who advise the President about the 'economy', such as money, jobs, and prices.