William Niskanen/Definition

Chairman emeritus and distinguished senior economist at the libertarian Cato Institute; formermember and acting chairman of Council of Economic Advisers (Reagan Administration; director of economics, Ford Motor Company, professor of economics, University of California at Berkeley and and Los Angeles assistant director, Office of Management and Budget; defense analyst, RAND Corporation; e director of special studies in the Office of the U.S. Secretary of Defense, and the director of the Program Analysis division at the Institute for Defense Analyses