- Brimmer, Andrew F. (Andrew Felton) (Person)
Conditions Governing Access
Restricted material has been identified and separated. Note that box and folder lists of restricted material have been redacted.
Extent275 linear feet (528 boxes)
17.3 Gigabytes (91 digitized audio files, 1 digitized video file, and 2,401 digital files from 2 hard drives, 21 floppy disks, and 5 optical discs)
The materials include subject files, correspondence, research files, teaching records and files, writings, speeches, presentations, rough drafts, newspaper clippings, photographs, digital content from floppy disks and hard drives, and audiovisual material including footage of President Lyndon Johnson swearing Brimmer in as a Federal Reserve Governor.
He began his public service career in 1950 as a summer intern at the U.S. Foreign Aid Agency in Washington DC under supervisor Philip S. Brown. He later served as an economist in the research department of the Federal Reserve Bank of New York from 1955-1958. Brimmer's teaching career began in 1958 as Assistant Professor of Economics and Finance at Michigan State University where he stayed for three years before joining the Wharton School of Finance and Commerce at the University of Pennsylvania as an Assistant Professor of Finance in 1961.
In 1963, Brimmer was appointed by President John F. Kennedy Deputy Assistant and Assistant Secretary for Economic Affairs at the U.S. Department of Commerce where he served for three years before he was appointed by President Lyndon B. Johnson as the first African-American member of the Board of Governors of the Federal Reserve System. Leaving the public sector in 1974, Brimmer briefly returned to academia when he was appointed the Thomas Henry Carroll Ford Foundation Visiting Professor at Harvard Business School (HBS) where he taught finance and capital markets from August 1974 to June 1976.
In 1976, he resigned as a professor at HBS to found the Washington D.C. based economic and financial consulting firm, Brimmer & Company. Brimmer had extensive academic and political contacts through his years of service and sought to leverage those relationships. He provided consulting services to private businesses, government agencies, and municipalities with an emphasis on Federal Reserve monetary policy.
Andrew F. Brimmer served on the board of directors of some of the largest and most influential companies in America including DuPont, the Ford Foundation, Equitable Life Assurance Company, United Airlines, Bank of America, BlackRock Inc., International Harvester, Navistar and Gannett Co. Dr. Brimmer was also a member of many non-profit boards including, the Association for the Study of Afro-American Life & History, Leon H. Sullivan Foundation, Tuskegee University, and the Harvard Board of Overseers, among others. Brimmer served as Principal Policy Advisor to the Ministry of Finance of the Government of Bermuda from 1999-2012. He also was a member of many economic and financial professional organizations.
Andrew Brimmer served two more times in a public sector role for the Government as a member of the Commission on Fair Market Value Policy for Federal Coal Leasing in 1983 and subsequently was appointed by President Bill Clinton as Chairman of the District of Columbia Financial Responsibility and Management Assistance Authority, in which he served from 1995 to 1998. His final academic appointment was in 1997 as the Wilmer D. Barrett Professor of Economics at the University of Massachusetts, Amherst. Brimmer retired from the university in 2008.
Brimmer wrote and published more than one hundred journal articles and authored ten books on topics ranging from general economics, monetary theory, central banking, international finance, life insurance in capital markets, and international banking. Throughout his distinguished career, he received 26 honorary degrees including Honorary Doctor of Laws from Harvard and Tuskegee.
Andrew F. Brimmer died on October 7, 2012.
Physical Characteristics and Technical Requirements
By: Benjamin Johnson
- African Americans--Employment.
- Balance of payments--United States.
- Banks and banking--United States.
- Boards of directors--United States.
- Business education.
- Consultants--United States.
- Economic policy.
- Economists--United States.
- Floppy disks.
- Fulbright scholarships.
- Harvard University. Graduate School of Business Administration -- Faculty.
- Monetary policy.
- Watts Riot, Los Angeles, Calif., 1965.
- Brimmer, Andrew F. Andrew F. Brimmer Papers, 1944-2014: A Finding Aid
- Baker Library
- January 2018
- Description rules
- Language of description
- EAD ID
Part of the Baker Library Special Collections, Harvard Business School, Harvard University Repository
Baker Library Special Collections holds unique resources that focus on the evolution of business and industry, as well as the records of the Harvard Business School, documenting the institution's development over the last century. These rich and varied collections support research in a diverse range of fields such as business, economic, social and cultural history as well as the history of science and technology.
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