Johnson Places Duesenberry On Economic Council

President Johnson has appointed James S. Duesenberry, professor of Economics to his Council of Economic Advisors. He is the second Harvard Faculty member to be appointed to the Council since its creation in 1946.

The appointment is effective February 1. Duesenberry said last night that while the appointment does not have a definite term he had committed himself to the Council until September 1967. He will be on leave from the University until that time.

Money Expert

A monetary expert, Dusenberry will replace Otto Eckstein, professor of Economics. Eckstein will return to the University this Spring. He was appointed to the Council in September 1964.

Duesenberry said that he was being briefed on his duties now, though "no definite division of labor had been determined." He said that as yet all he knew of the steel price increase and the new federal budget was "what I've read in the papers."

Modigliani to Teach

Duesenberry is now making arrangements for his Spring and Fall courses. Dr. David T. Hulett, a graduate of Stanford will teach Economics 163, "Money and Finance." Professor Franco Modigliani of M.I.T. will conduct Economics 240, "Monetary Theory."

Duesenberry became a full professor in 1957. His Economic Growth and Stability appeard the same year. Another book, Income Saving and the Theory of Consumer Behavior, was published in 1949.

He taught a year at M.I.T. before coming to Harvard in 1946. He became an Associate Professor in 1953

A graduate of the University of Michigan, he was a Fulbright Fellow at Cambridge University in 1954-55.