James C. Miller III
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James Clifford Miller III (born June 25, 1942, in
Atlanta Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...
, Georgia) is an American economist and former government official who served as chairman of the Federal Trade Commission (FTC) between 1981 and 1985 and as Budget Director for President Ronald Reagan between 1985 and 1988. Miller was the first member of the FTC with a background as a career economist, as opposed to a legal background as is common. He also ran for
United States Senate The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and pow ...
in
Virginia Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...
, losing the
Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...
nomination at the convention to
Oliver North Oliver Laurence North (born October 7, 1943) is an American political commentator, television host, military historian, author, and retired United States Marine Corps lieutenant colonel. A veteran of the Vietnam War, North was a National Secu ...
in 1994 and losing the nomination in the primary to John Warner in 1996.


Early years and education

Miller was born in Atlanta and grew up in
Conyers, Georgia Conyers is an Atlanta suburb, the county seat of and only city in Rockdale County, Georgia, United States. The city is 24 miles (38.6 km) east of downtown Atlanta and is a part of the Atlanta Metropolitan Area. As of the 2010 census, th ...
. He earned a BBA in economics from the
University of Georgia , mottoeng = "To teach, to serve, and to inquire into the nature of things.""To serve" was later added to the motto without changing the seal; the Latin motto directly translates as "To teach and to inquire into the nature of things." , establ ...
in 1964 and a PhD in economics from the
University of Virginia The University of Virginia (UVA) is a public research university in Charlottesville, Virginia. Founded in 1819 by Thomas Jefferson, the university is ranked among the top academic institutions in the United States, with highly selective ad ...
in 1969. Between 1977 and 1981, Miller was a resident scholar at the Center for the Study of Government Regulation at the
American Enterprise Institute The American Enterprise Institute for Public Policy Research, known simply as the American Enterprise Institute (AEI), is a center-right Washington, D.C.–based think tank that researches government, politics, economics, and social welfare. A ...
. From 1978 to 1981, he served as co-director of the center.


Public service

Miller was the first administrator of the Office of Information and Regulatory Affairs (April - October 1981) and the executive director of Vice President George H. W. Bush's Presidential Task Force on Regulatory Relief. From 1981 to 1985, he chaired the Federal Trade Commission. From October 1985 to October 1988, Miller was director of the
United States Office of Management and Budget The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, pol ...
. He is a distinguished fellow at the Center for Study of Public Choice at George Mason University. He is also a senior fellow of the
Hoover Institution The Hoover Institution (officially The Hoover Institution on War, Revolution, and Peace; abbreviated as Hoover) is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, an ...
at Stanford University.


Private sector

He has been counselor to and a board member of the former
Citizens for a Sound Economy Citizens for a Sound Economy (CSE) (1984–2004) was a conservative political group operating in the United States. It was established in 1984 by Charles and David Koch of Koch Industries. Ron Paul was appointed as the first chairman of the ...
(1988–2002), a member of the boards of the
Tax Foundation The Tax Foundation is an American think tank based in Washington, D.C. It was founded in 1937 by a group of businessmen in order to "monitor the tax and spending policies of government agencies". The Tax Foundation collects data and publishe ...
and the Progress and Freedom Foundation, and a member of the board of visitors of George Mason University and the U.S. Air Force Academy. In addition, Miller has been a director of LECG Economics-Finance, a member of the board of Independence Air, a member of the board of
Washington Mutual Washington Mutual (often abbreviated to WaMu) was the United States' largest savings and loan association until its collapse in 2008. A savings bank holding company is defined in United States Code: Title 12: Banks and Banking; Section 1842: Def ...
Investors Fund, a member of the board of the Tax-Exempt Fund of Maryland, a member of the board of the Tax-Exempt Fund of Virginia, a member of the board of the J.P. Morgan Value Opportunities Fund, a member of the board of Clean Energy, a consultant to
Freddie Mac The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia.Howrey LLP Howrey LLP was a global law firm that practiced antitrust, global litigation and intellectual property law. At its peak Howrey had more than 700 attorneys in 17 locations worldwide. History The firm was founded as Howrey, Simon, Baker, & M ...
. He was a member of the
Board of Governors of the United States Postal Service The Board of Governors of the United States Postal Service is the governing body of the United States Postal Service (USPS). The board oversees the activities of the Postal Service, while the postmaster general actively manages its day-to-day o ...
(2003–2012), where he was elected chairman in 2005, 2006, and 2007. (blog) On November 9, 2009, it was announced that Miller was picked by the then
Premier of the Cayman Islands The Premier of the Cayman Islands is the political leader and head of government. The post of premier in the Cayman Islands is the equivalent to chief minister or prime minister in other British Overseas Territories. It is the highest political ...
William
McKeeva Bush William McKeeva Bush, OBE JP (born 20 January 1955) is a Caymanian politician, former Speaker of the Parliament of the Cayman Islands and former Premier of the Cayman Islands. Bush, the former leader of the Cayman Democratic Party, is the e ...
to lead an independent task force to examine new revenue options for the Cayman Islands Government. The Cayman Islands has no direct taxation although that may change as a result of an agreement with the United Kingdom Foreign and Commonwealth Office. The UK FCO allowed the Cayman Islands Government to borrow additional funds to meet capital and operational expenses as long as the Government agreed to look at ways in which to increase and stabilize its revenue base—direct taxation being the preferred solution.


See also

* List of former FTC commissioners


References


External links


President Reagan's speech to OMB staff upon Jim Miller's retirement
September 28, 1988
James C. Miller on The George Jarkesy Show
* {{DEFAULTSORT:Miller, James C., Iii 1942 births 20th-century American economists 20th-century American politicians 21st-century American economists Administrators of the Office of Information and Regulatory Affairs Candidates in the 1994 United States elections Candidates in the 1996 United States elections Directors of the Office of Management and Budget Federal Trade Commission personnel George Mason University fellows Georgia (U.S. state) Republicans Hoover Institution people Living people People from Conyers, Georgia Politicians from Atlanta Reagan administration cabinet members United States National Security Council staffers University of Georgia alumni University of Virginia alumni Virginia Republicans