Princeton University says Professor Alan Krueger, a groundbreaking economist who served as a top adviser in two Democratic administrations, has died.
Princeton did not disclose the cause of death.
Krueger, 58, was an expert on the labor market and in particular on the impact of a minimum wage. His research concluded that a higher minimum wage did not generally slow hiring as many conservative critics have argued.
After serving as a Labor Department economist under President Bill Clinton, Krueger worked for President Barack Obama as a top Treasury official and then as chairman of the Council of Economic Advisers from 2011 to 2013.
Krueger had been teaching at Princeton since 1987. His research extended to such issues as economic inequality and the consequences of opioid addiction for the job market.
That’s sad, and unfortunate. He was really good, and his arguments will be missed.
sheesh, seems everybody that is passing is younger than me anymore.
Yikes!!!
RIP Al
Personalities aside, this is serious loss to the economics profession and economic policy debate. By all accounts Kreuger was widely liked and respected as well as being a strong member of the reality-based research community (with its well-known liberal bias)
You just know the Right Wing is going to accuse Hillary and Bill of murdering him. C’mon, you know it’s true that they will.
I’m 67, and mostly retired. I sometimes wonder if that was a wise choice. Then I read things like this, and think “Yes, wise choice”