The President today announced that he will nominate George C. Eads, of Santa Monica, Calif., to be a member of the Council of Economic Advisers. He would replace William Nordhaus, resigned.
Eads has been a consultant to the Council since last March. He was previously with the Rand Corp. as director of the regulatory policies and institutions program.
Eads was born August 20, 1942, in Clarksville, Tex. He received a B.A. from the University of Colorado in 1964, and an M.A. in 1965 and a Ph.D. in 1968 from Yale University.
In 1968 and 1969, Eads was an assistant professor of economics at Harvard University, and from 1969 to 1972, he was an assistant professor at Harvard University. In 1971 and 1972, he was special economics assistant to the Assistant Attorney General for the Antitrust Division of the Justice Department.
From 1972 to 1975, Eads was associate professor of economics at George Washington University. In 1974 and 1975, he was Assistant Director for Government Operations and Research at the Council on Wage and Price Stability.
From 1975 to 1977, Eads was Executive Director of the National Commission on Supplies and Shortages, a temporary study commission which reported to the President and the Congress. In 1977 and 1978, he was senior economist at the Rand Corp.'s economics department. He was director of the regulatory policies and institutions program at the Rand Corp. from March 1978 until he joined the Council of Economic Advisers last month.