1896.8.23.–1978.4.23.
○ Natural death
De Gaulle's economic adviser who attacked the dollar reserve system and called for a return to gold
The son of a Paris physician, Rueff studied economics and mathematics at the École Polytechnique and Sciences Po. In the early 1930s he was financial attaché in London in charge of the Bank of France's sterling reserves; in 1941, as deputy governor of the Bank of France, he was dismissed under Vichy's anti-Semitic laws. After the war he was a leading French member of the classical liberal Mont Pelerin Society and a judge of the European Court of Justice from 1952 to 1962. Advising de Gaulle from 1958, he drew up the Rueff–Pinay plan, which balanced the budget and secured the convertibility of the franc. In the 1960s he called for a return to the gold standard, warning that using the dollar as a reserve unit would cause worldwide inflation. A lifelong opponent of Keynes, he was elected to the Académie française in 1964.
Also known as: Jacques Léon Rueff
Activities and affiliations
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1929–1978
Scholarship and theory
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–1941
France state institutionsDeputy Governor of the Bank of France
Economy, finance and planning -
1952–1962
Law and justice
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1958–1962
France state institutionsEconomic adviser to President de GaulleMain
Economy, finance and planning
Career Timeline
- 1941Dismissed as Deputy Governor of the Bank of France under Vichy's anti-Semitic laws
- 1952–1962Judge of the European Court of Justice
- 1958Adviser to de Gaulle; the Rueff–Pinay plan
- 1964Elected to the Académie française