Burns Accepts AEI Post; To Teach at Georgetown
Former Federal Reserve Board Chairman Arthur F. Burns accepted yesterday a $50,000 post at the American Enterprise Institute as a full-time distinguished scholar in residence. He also will teach an undergraduate seminar at Georgetown University this fall, where he will have the title of distinguished professorial' lecturer.</br></br>Burns chose the post with the conservative American Enterprise Institute, it was learned, over an offer from the Brookings Institution, another research organization in Washington generally considered to have a liberal orientation. He will have a staff of assistants, AEI said, and fåÈe free to pursue subjects of his own choice.</br></br>Burns is known to have received numerous offers from universities, ousi-ness corporations and publications to teach, advise or write. Both he and Mrs. Burns were anxious to remain in Washington.</br></br>AEI officials said that Burns would hold a press conference Monday morning to discuss his new role, and to comment on the current economic situation.</br></br>In his final public statements before leaving the Fed, Burns had urged President Carter to be more forceful in protecting the value of the dollar.