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William Niskanen, RIP

November 2, 2011

Dr. William Niskanen, who passed away on October 26, 2011, served for many years as Chairman of the Cato Institute  Bill Niskanen is remembered by the many conservatives who served in the first Reagan Administration as a principled advocate of free market economics and good common sense.
Dr. Richard Rahn remembers William Niskanen in The Washington Times for November 1, 2011.

Of only we had followed his recommendations, the United States and the rest of the world would not be in the present mess. On Oct. 26, the world lost one of its wisest, most competent and principled economists, William Niskanen. Bill did his undergraduate work at Harvard and earned a doctorate from the University of Chicago, where he studied under Milton Friedman. He then taught at a couple of leading universities, was a high-level official at the Office of Management and Budget and the Defense Department, served as chief economist of the Ford Motor Co., was a member and, ultimately, head of President Reagan’s Council of Economic Advisers and finally, served for more than two decades as the chairman of the Cato Institute….(more)

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