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Alfred Neal

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Person.png Alfred Neal AmazonRdf-entity.pngRdf-icon.png
(economist)
Alfred Neal.png
Born1912
DiedMarch 2000 (Age 88)
Mount Holly, North Carolina, USA
NationalityUnited States
Alma materUniversity of California Berkeley, London School of Economics, Brown University
Member ofBohemian Grove, Council on Foreign Relations/Historical Members
US economist who attended the 1958 Bilderberg

Alfred Clarence Neal was an US economist whose interest in developing the global economy influenced United States trade policy in the 1950's and 1960's".[1][2] He attended the 1958 Bilderberg meeting.He was on the Board of Directors of the Council on Foreign Relations in 1972.[3]

Education

As a college student, he arrived at Berkeley in 1929, just weeks before the stock market crash that led to the Great Depression. He then studied at the London School of Economics, where Harold Laski, the political theorist and socialist, was one of his professors. Neal received his doctorate from Brown University.

Career

During World War II he worked at the Office of Price Administration, moving on to the Federal Reserve Bank of Boston.

Shortly after the war he became the first president of the Committee for Economic Development, a nonprofit organization of economists and company executives that "tried to foster progress around the world". He worked with many prominent economists, including Alan Greenspan."[1]

As a result of his Great Depression experiences, Neal's career became focused around the prevention of similar catastrophes. While much of the economic theory at the time contended that peacetime economies were doomed to failure, Neal worked to find alternatives to war that would permit businesses to flourish. Among those was the concept of a controlled recession that would affect some people, but not all, for a brief period of time, and prevent deeper economic problems.[1] He also warned of insufficient modernization and capital investments[4][5].

In 1960 he invited Robert Amory, Deputy Director of the CIA, with a personal invitation, to a meeting of the Committee for Economic Development.[6]



 

Event Participated in

EventStartEndLocation(s)Description
Bilderberg/195813 September 195815 September 1958Buxton
UK
The 7th Bilderberg and the first one in the UK. 72 guests
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References