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Martin Anderson (economist)

Martin Anderson (economist) is a astronomy topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Martin Anderson (economist) rather than just read about it. In short: Martin Anderson (August 5, 1936 – January 3, 2015) was an American academic, economist, author, policy analyst, and adviser to U.S. politicians and presidents, including Ronald Reagan and Richard Nixon. In the Nixon administration, Anderson was credited with helping to end the military draft and creating the all-volunteer armed forces.

Martin Anderson (economist) — main illustration
Martin Anderson (economist) — illustration

Key takeaways

  • Martin Anderson (economist) belongs to astronomy; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Martin Anderson (economist) to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Martin Anderson (economist) from memory before moving on to harder problems.

Reference excerpt

Martin Anderson (August 5, 1936 – January 3, 2015) was an American academic, economist, author, policy analyst, and adviser to U.S. politicians and presidents, including Ronald Reagan and Richard Nixon. In the Nixon administration, Anderson was credited with helping to end the military draft and creating the all-volunteer armed forces. Under Reagan, Anderson helped draft the administration's original economic program that became known as “Reaganomics.” A political conservative and a strong proponent of free-market capitalism, he was influenced by libertarianism and opposed government regulations that limited individual freedom. Anderson wrote and edited numerous books on topics concerning urban renewal, military manpower, welfare reform, higher education, and his experiences advising Reagan and Nixon. Later he coedited four books on Reagan's writings and coauthored two books on Reagan's efforts to negotiate nuclear disarmament with the Soviet Union.

Early life and education Martin Anderson was born in Lowell, Massachusetts, on August 5, 1936, the only child of Ralph and Evelyn Anderson, a dairy farmer and a nurse, respectively. In school he was a top student and student body president. In 1953, he was awarded a four-year scholarship to Dartmouth College to study engineering. He graduated in 1957 summa cum laude and remained at Dartmouth to pursue a double master's degree in business and engineering through the Thayer School of Engineering and the Tuck School of Business. In 1958, Anderson met his future wife, Annelise Graebner; the two married in 1965. They shared an interest in conservative politics and had campaigned together for Barry Goldwater in the 1964 presidential election. They later attended courses together at the Nathaniel Branden Institute and became friends with novelist and philosopher Ayn Rand, and through Rand met economist Alan Greenspan, who through Rand and Alan Greenspan's recommendation had begun his career in government.

Career

Academia In 1959, Anderson was named assistant to the dean of the Thayer School of Engineering, and he became acting dean that summer. In the fall of 1959, the Ford Foundation awarded him a fellowship to study economics and finance at the Joint Center for Urban Studies at the Massachusetts Institute of Technology. At MIT, he became interested in urban renewal, which became the topic of his doctorate. He spent one summer working for the Ford Motor Company as a financial analyst. In 1962, he earned the first Ph.D. in industrial management ever granted by a college or university from the MIT Sloan School of Management. Upon graduating, he embarked upon a career in academia and writing. On July 1, 1962, Anderson began working as an assistant professor of finance at Columbia Business School. The same year, his dissertation, The Federal Bulldozer: A Critical Analysis of Urban Renewal, 1949–1962, was published by MIT Press. The dissertation's central thesis is that urban renewal was a failure because it didn't eliminate slums or create affordable housing; rather, it replaced slums with more costly housing that forced the poor to move elsewhere. The book was controversially received, including criticism among his fellow professors at Columbia University. Additionally, the book was bashed by Mr. Wilson, the Director of the Joint Center, an organization which sponsored the work, because he claimed that Anderson's work met only the minimum standards of scholarship by which the center conducts its studies. As the book was published with the support of the Joint Center for Urban Studies of M.I.T and Harvard, it was thought it would be an objective study. Rather, some saw the volume as a strongly partisan account and an unbalanced tirade against the federal program as a whole. Amongst a topic with charged opinions, when someone suggests the modification or elimination of a government initiative, as Anderson did, it is often met with a strong responses, which quickly became the case. Anderson's strong claims supported by unqualified and fragile evidence generated a hostile reaction among academics to The Federal Bulldozer. However, it established Anderson as an expert on urban renewal. It also brought Anderson to the attention of Richard Nixon. In 1965, he was promoted to associate professor; at age 28, he was one of the youngest teachers to receive tenure in Columbia's history. He was associate professor from 1965 to 1968. An updated paperback edition of The Federal Bulldozer was published by McGraw-Hill in 1967.

Advising Richard Nixon Anderson served as an adviser to the 1968 Nixon presidential campaign, Nixon's White House transition, and the Nixon administration.

1968 Nixon presidential campaign In 1967, members of Nixon's staff, Len Garment, Pat Buchanan, and Ray Price, invited Anderson to join Nixon's presidential campaign planning group as a policy adviser. In this role, he wrote a policy paper on ending the draft and moving to an all-volunteer force, “An Analysis of the Factors Involved in Moving to an All-Volunteer Armed Force.” Nixon echoed the sentiments expressed in Anderson's paper in an interview with New York Times reporter Robert B. Semple Jr. in December 1967. Along with Walter Oi and Milton Friedman, Anderson is credited with helping to end military conscription in the United States. In 1968, Anderson joined the Nixon presidential campaign, focusing on domestic and economic policy. As Nixon's chief urban affairs adviser, Anderson was tasked with developing policy to address the problems associated with America's low-income neighborhoods. He advocated for self-help with a call for increased African American ownership, a component of the movement now known as Black capitalism. A report written by Anderson on the subject of basic income, which quoted heavily from Karl Polanyi's The Great Transformation on the Speenhamland system, was credited by Rutger Bregman and Corey Robin with Nixon moving away from the idea of basic income, and by Bregman as, from there, ultimately providing arguments for various welfare reforms by Ronald Reagan, Bill Clinton and George W. Bush. Anderson's wife, Annelise Graebner Anderson, also worked on the campaign, traveling with vice presidential candidate Spiro Agnew. During this time, Anderson was introduced to economists Milton Friedman and Arthur F. Burns, who were to become his lifelong mentors.

… excerpt ends here. Continue reading the full article.

Illustrations

Martin Anderson (economist) illustration

Worked examples

Example 1 — a first encounter with Martin Anderson (economist)

Start with the simplest possible case. Write down what Martin Anderson (economist) claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In astronomy, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Martin Anderson (economist) before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Martin Anderson (economist) ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Martin Anderson (economist)

In research
Martin Anderson (economist) appears in astronomy research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Martin Anderson (economist) in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Martin Anderson (economist) is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1936 births, 2015 deaths, American libertarians, so understanding it makes those chapters shorter.
In everyday life
Look for Martin Anderson (economist) outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study Martin Anderson (economist) in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Martin Anderson (economist) means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Martin Anderson (economist) out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Martin Anderson (economist) in simple terms?

Martin Anderson (August 5, 1936 – January 3, 2015) was an American academic, economist, author, policy analyst, and adviser to U.S. politicians and presidents, including Ronald Reagan and Richard Nixon. In the Nixon administration, Anderson was credited with helping to end the military draft and cr…

Why does Martin Anderson (economist) matter?

Because it connects several astronomy ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Martin Anderson (economist)?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Martin Anderson (economist).

Tags

  • 1936 births
  • 2015 deaths
  • American libertarians
  • Columbia Business School faculty
  • Economists from Massachusetts
  • Harvard University staff
  • MIT Sloan School of Management alumni
  • Massachusetts Republicans
  • Members of the Mont Pelerin Society
  • Reagan administration personnel
  • Thayer School of Engineering alumni
  • Tuck School of Business alumni

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