Beryl Wayne Sprinkel (November 20, 1923 – August 22, 2009) was an Under Secretary for Monetary Affairs in the US Treasury from January 1981 to April 1985, and member of the Executive Office of the US President and

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of the

Council of Economic Advisers The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the president of the United States on economic policy. The CEA provides much of the empirical resea ...

(CEA) between April 4, 1985, and January 21, 1989, during the

Reagan administration Ronald Reagan's tenure as the 40th president of the United States began with his first inauguration on January 20, 1981, and ended on January 20, 1989. Reagan, a Republican from California, took office following his landslide victory over ...

. Prior to government service, Dr. Sprinkel worked at the Harris Trust and Savings Bank in Chicago from 1952 to 1981, rising to the position of executive vice president. Raised on a farm near

Richmond, Missouri Richmond is a city in Ray County, Missouri, and part of the Kansas City metropolitan area within the United States. The population was 6,013 at the 2020 census. It is the county seat of Ray County. History Richmond was platted in 1828. The com ...

, Sprinkel was a member of the 2nd Armored Division, which led the attack that penetrated and defeated the German offensive near Celles, Belgium, in the

Battle of the Bulge The Battle of the Bulge, also known as the Ardennes Offensive or Unternehmen Die Wacht am Rhein, Wacht am Rhein, was the last major German Offensive (military), offensive Military campaign, campaign on the Western Front (World War II), Western ...

during World War II. After the war he earned a degree in economics from the University of Missouri and, later, an MBA and PhD from the University of Chicago. At the University of Chicago he was one of a circle of economists who was heavily influenced by the monetarist ideas of

Milton Friedman Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and ...

, who later won the Nobel Prize in Economics.

Death

Sprinkel died on August 22, 2009, aged 85, from

Lambert–Eaton myasthenic syndrome Lambert–Eaton myasthenic syndrome (LEMS) is a rare autoimmune disorder characterized by muscle weakness of the limbs. It is also known as myasthenic syndrome, Eaton–Lambert syndrome, and when related to cancer, carcinomatous myopathy. ...

in a nursing and rehabilitation center in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

. He was survived by his wife, Lory, a son, two stepchildren and five grandchildren.

References

External links

United States Treasury website

* {{DEFAULTSORT:Sprinkel, Beryl Wayne 1923 births 2009 deaths American bankers United States Army personnel of World War II Neurological disease deaths in Illinois People from Richmond, Missouri University of Chicago Booth School of Business alumni University of Missouri alumni Economists from Missouri 20th-century American economists Chairs of the United States Council of Economic Advisers Member of the Mont Pelerin Society