Karl Brunner (1916-1989) , a Swiss economist of global stature and influence was active in the production and dissemination of economic knowledge in the domain of macroeconomic, and in particular, of monetary policy. Brunner was a professor at the University of California, UCLA (1951-1966), the Ohio State University (1966-1971), the University of Rochester (1971-1989), and the University of Bern (1974-1985). He founded two prestigious academic journals (the Journal of Money, Credit and Banking and the Journal of Monetary Economics), two important policy conference series (the Rochester-Carnegie Conference Series on Public Policy; and the Konstanz Seminars on Monetary Theory and Monetary Policy), and was the co-founder of the Shadow Open Market Committee. He and Milton Friedman shaped modern economic and policy thinking in the area of monetary policy. His ideas on the proper monetary framework, directly or indirectly through his students and disciples, influenced many central banks and played a key role in the achievement of price stability not only in Switzerland but throughout the world.