Gabriel Hauge
Encyclopedia
Gabriel Hauge was a prominent American bank executive and economist. Hauge served as assistant to the President for Economic Affairs during the administration of Dwight D. Eisenhower
.
. He was the son of Reverend Søren G. Hauge, a Lutheran Minister and an immigrant from Sandane
in Sogn og Fjordane
, Norway
. Hauge earned a B.A. from Concordia College (Minnesota) in 1935 and a M.A. from Harvard University
in 1938. He earned his Ph.D. from Harvard University in 1947.
. From 1940 to 1942, he was a professor of economics at Princeton University
. During World War II
, Hauge served as was an active member of the United States Navy Reserve
. From 1947 until 1950, Hauge was an economist with the State Banking Department in New York State. From 1950-1952, Hauge was an Assistant Editor of Business Week magazine.
Hauge was an Economic Advisor to the 1948 Presidential campaign of Thomas Dewey
. During the 1952 Presidential campaign, he was on Dwight D. Eisenhower
's campaign staff as a research director for Citizens for Eisenhower. Following the presidential election of 1952, Hauge served as assistant to the President for Economic Affairs, serving in that capacity from 1953 to 1958.
In 1958, Gabriel Hauge joined Manufacturers Trust Company. In 1961, Manufacturers Trust Company merged with Central Hanover Bank & Trust Company (Hanover Trust). From 1964 until 1981, Gabriel Hauge served as a Director of the Council on Foreign Relations
. In 1970, Gabriel Hauge became chairman of the Board of Directors of Manufacturers Hanover Trust Company.
Dwight D. Eisenhower
Dwight David "Ike" Eisenhower was the 34th President of the United States, from 1953 until 1961. He was a five-star general in the United States Army...
.
Background
Gabriel Hauge was born in Hawley, MinnesotaHawley, Minnesota
As of the census of 2000, there were 1,882 people, 744 households, and 514 families residing in the city. The population density was 764.8 people per square mile . There were 787 housing units at an average density of 319.8 per square mile...
. He was the son of Reverend Søren G. Hauge, a Lutheran Minister and an immigrant from Sandane
Sandane
Sandane is the administrative centre of the municipality of Gloppen in Sogn og Fjordane county, Norway. It is located at the end of the Gloppefjord, along the highway . Sandane is south of Nordfjordeid and about west of Byrkjelo. Sandane Airport, Anda is located northwest of Sandane along...
in Sogn og Fjordane
Sogn og Fjordane
is a county in Norway, bordering Møre og Romsdal, Oppland, Buskerud, and Hordaland. The county administration is in the town of Hermansverk in Leikanger municipality while the largest town is Førde....
, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
. Hauge earned a B.A. from Concordia College (Minnesota) in 1935 and a M.A. from Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
in 1938. He earned his Ph.D. from Harvard University in 1947.
Career
From 1938 to 1940, Hauge was an economics instructor at Harvard University. In 1939, Hauge also worked at the Federal Reserve Bank of New YorkFederal Reserve Bank of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey,...
. From 1940 to 1942, he was a professor of economics at Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
. During World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, Hauge served as was an active member of the United States Navy Reserve
United States Navy Reserve
The United States Navy Reserve, until 2005 known as the United States Naval Reserve, is the Reserve Component of the United States Navy...
. From 1947 until 1950, Hauge was an economist with the State Banking Department in New York State. From 1950-1952, Hauge was an Assistant Editor of Business Week magazine.
Hauge was an Economic Advisor to the 1948 Presidential campaign of Thomas Dewey
Thomas Dewey
Thomas Edmund Dewey was the 47th Governor of New York . In 1944 and 1948, he was the Republican candidate for President, but lost both times. He led the liberal faction of the Republican Party, in which he fought conservative Ohio Senator Robert A. Taft...
. During the 1952 Presidential campaign, he was on Dwight D. Eisenhower
Dwight D. Eisenhower
Dwight David "Ike" Eisenhower was the 34th President of the United States, from 1953 until 1961. He was a five-star general in the United States Army...
's campaign staff as a research director for Citizens for Eisenhower. Following the presidential election of 1952, Hauge served as assistant to the President for Economic Affairs, serving in that capacity from 1953 to 1958.
In 1958, Gabriel Hauge joined Manufacturers Trust Company. In 1961, Manufacturers Trust Company merged with Central Hanover Bank & Trust Company (Hanover Trust). From 1964 until 1981, Gabriel Hauge served as a Director of the Council on Foreign Relations
Council on Foreign Relations
The Council on Foreign Relations is an American nonprofit nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs...
. In 1970, Gabriel Hauge became chairman of the Board of Directors of Manufacturers Hanover Trust Company.
Selected works
- Freedom and the Economic Role of Government (1957)
- The U.S. Economy;: Problems and Promise (1960)
- Is the Individual Obsolete? (Benjamin F. Fairless memorial lectures) (1964)
- The International Capital Market and the International Monetary System (1978)