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Concept
Walter Adams (economist)
Résumé
Walter Adams (August 27, 1922 – September 8, 1998) was an Austrian-born American economist and college professor. He served as the 13th President of Michigan State University and served as an expert witness before 36 congressional committees.
Walter Adams was born in Vienna, Austria, in 1922. His father, Edward Adams, was an international linen and diamond merchant; his mother, Ilona Schildkraut, was a homemaker. The family moved to Brooklyn, New York, in 1935, where he attended New Utrecht High School. He earned a BA in economics from Brooklyn College in 1942, graduating magna cum laude, before joining the U.S. Army in April 1943.
Adams served with distinction in the 83rd Infantry and 11th Armored Divisions, landing at Normandy in the days following D-Day, "participating in the Battle of the Bulge, and helping to liberate three concentration camps." He earned a battlefield commission as second lieutenant (later attaining the rank of first lieutenant), and in 1945 was awarded the Bronze Star for heroic conduct.
After World War II ended, Adams returned to his wife, Pauline Gordon (they had wed on August 23, 1943), and his studies and completed his MA and Ph.D degrees at Yale University in 1946 and 1947. The couple's only child, William James Adams, was born in 1947.
Walter Adams joined the faculty of Michigan State College (now Michigan State University) in 1947. He became a professor in 1956, and was honored with the title Distinguished Professor just four years later.
Throughout his career, Adams wrote many books and papers, including The Bigness Complex: Industry, Labor, and Government in the American Economy; The Tobacco Wars; and Adam Smith Goes to Moscow. He frequently traveled to Washington, D.C., where he served as an expert witness at Congressional budget hearings.
For many years at Michigan State, Adams taught a senior-level class (known in the course catalog as Economics 444) on American enterprise and public policy. It was widely reputed to be one of the most difficult yet rewarding courses available at MSU.
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