Harry S. Truman Presidential Library & Museum


FOR IMMEDIATE RELEASE

CONTACT
Susan Medler
PH 816.268.8245
FAX 816.268.8299
susan.medler@nara.gov

George P. Shultz to Be Awarded Truman Medal for Economic Policy
at October 1 Luncheon in Kansas City

INDEPENDENCE, MO-The Truman Medal for Economic Policy will be awarded to George P. Shultz in recognition of his extraordinary contributions to the formation of economic policy. The award will be presented during a luncheon on Oct. 1, 2007 at the Muehlebach Hotel in Kansas City, Mo. The public is invited to attend.

The Truman Medal for Economic Policy was established in 2005 to provide a forum to honor and elevate the role of economics by selecting an individual who is distinguished by extraordinary achievement in the formation and conduct of economic policy. Created under the leadership of the Harry S. Truman Library Institute, the Henry W. Bloch School of Business and Public Administration (UMKC), the Economic Club of Kansas City, and the Missouri Council on Economic Education, the medal reflects the creation of the Council of Economic Advisers (CEA) under President Harry S. Truman. The CEA was formed under the Employment Act of 1946 to provide analysis and advice related to national and international economic policy issues.

George P. Shultz is one of the nation's most distinguished economists and public servants. As an economist, Dr. Shultz has authored several books on economic policy and served as a professor at the Massachusetts Institute of Technology and as a dean of the University of Chicago Graduate school of Business. He is a distinguished fellow at Stanford University and the Hoover Institution. In 1982, he was sworn in as the nation's sixtieth Secretary of State and served in that role until 1989, when he was awarded the Medal of Freedom, the nation's highest civilian honor. Other federal appointments include secretary of labor, secretary of the treasury, and senior staff economist on the President's Council of Economic Advisers.

The Truman Medal for Economic Policy is given biennially and was inaugurated in 2005 with an award presentation to then-Federal Reserve Chairman Alan Greenspan. Recipients are chosen by a select group established by the organizing committee.
Tickets to the award luncheon are $125 and may be purchased online at www.econclubofkc.org. Those with questions about the event may call the Economic Club of Kansas City at (816) 881-6816 or (816) 881-2310.

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