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William Niskanen passed away


William A. Niskanen, chairman emeritus and a distinguished senior economist at the Cato Institute, has died at the age of 78. Niskanen was the chairman of the Cato Institute for 23 years, following service as a member and acting chairman of President Reagan’s Council of Economic Advisers. Niskanen also served as director of economics at the Ford Motor Company, professor of economics at the University of California at Berkeley and Los Angeles, and assistant director of the Office of Management and Budget. He was a world-renowned economist and a passionate leader of the growing classical liberal movement around the globe.

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