More about: MARTIN  MAYER 

Martin Mayer, unemployed since 1954, is the author of 34 books, of which four–Madison Avenue, USA; The Schools; The Lawyers and The Bankers–were major bestsellers. The Lawyers for many years held the record as the book most frequently stolen from the Mid-Manhattan Library, a reflection, said a librarian, on the kind of kid who goes to law school these days.

From 1952 to 1975 Mr. Mayer wrote a monthly column on serious music for Esquire; from 1986 to 1989 he wrote a twice-monthly column for American Banker about banking; and from 1990 to 1992 he wrote a monthly column for American Film about television. In the 1960s he chaired a New York City local school board and served on the President’s Panel on Educational Research and Development for Presidents Kennedy and Johnson. In the early 1980s he was a Commissioner on President Reagan’s National Commission on Housing.

At one time or another, Martin Mayer has been a consultant to the American Council of Learned Societies, the Carnegie Corporation, the Ford Foundation, the Sloan Foundation, the Kettering Foundation, and the Twentieth Century Fund. He wrote the centennial history of the Metropolitan Opera, and from the mid-1980s to the mid-1990s he was the New York and Washington critic for Opera Magazine in Britain.

Trained as an economist (his tutor at Harvard was Wassily Leontief; his course in European central banking was taught by Joseph Schumpeter), Martin Mayer has for the last 25 years written most often about financial subjects; since 1993 he had been a Guest Scholar (now non-resident) at The Brookings Institution. In the last four years, twelve of his books, several of them more than forty years old, have been translated into Chinese and published in China–and the Chinese have paid royalties. His book on The Fed was recently published in Korean and in Turkish.

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