Ex-White Home Economist Alan Krueger Dies; Saw Classes For Economic system In Rock Songs

Enlarge this imageAlan Krueger, a Princeton College economist and chairman of previous President Barack Obama’s Council of Economic Advisers, specialized in workforce economics.Jewel Samad/AFP/Getty Imageshide captiontoggle captionJewel Samad/AFP/Getty ImagesAlan Krueger, a Princeton College economist and chairman of previous President Barack Obama’s Council of Economic Advisers, specialized in workforce economics.Jewel Samad/AFP/Getty ImagesUpdated at five:fifty five p.m. ET There are not many men and women who will command notice in the White Dwelling, the lecture rooms of Princeton College, as well as the Rock & Roll Hall of Fame. Alan Krueger did all three. Krueger, who served as financial adviser to former President Barack Obama, died over the weekend at age 58. The cause was suicide, according to a statement from his family, released by Princeton University where Krueger taught. “Alan was someone who was deeper than numbers on a screen and charts on a page,” Obama said in a statement. “He observed financial policy not as a matter of abstract theories, but as a way to https://www.76ersedge.com/Josh-Richardson-Jersey make people’s lives better.”It’s All Politics How Rock ‘N’ Roll Can Explain The U.S. Economic system Krueger’s influential labor research showed it’s po sible to give fast-food workers a pay raise without losing jobs. He also explored the high cost of the opioid epidemic as well as dubious value of an elite college degree. “He had this extraordinary knack for engaging himself in hugely important questions where he really could shed a great deal of light,” said former Treasury Secretary Larry Summers, who was https://www.76ersedge.com/Shake-Milton-Jersey Krueger’s academic adviser and occasional tennis partner. Krueger was also a fan of rock and roll, who felt the rapidly changing new music industry held le sons for the broader economic climate. His latest book on the subject, Rockonomics, is due out this summer. As he told an audience in the Rock & Roll Hall of Fame in 2013, a handful of big stars think Taylor Swift, Jay-Z, Beyonc are raking in the lion’s share of money from selling concert tickets.”The lucky and also the talented and it is often hard to tell the difference have been doing better and better while the vast majority has struggled to keep up,” Krueger said. That winner-take-all pattern is repeated throughout the economic system. He titled his Rock & Roll Hall of Fame speech “Land of Hope and Dreams,” a nod to one of his favorite rock stars, Bruce Springsteen, as well as the kind of upward mobility that Krueger worried is increasingly out of reach. “Most Americans are concerned that the tremendous increase in inequality that we’ve seen is jeopardizing equality of opportunity,” Krueger told students at Oberlin college. “That’s unhealthy for our economic system. It’s unhealthy for our country.”Planet Money Pop Stars As well as Rise Of Inequality In America, In 2 Graphs Before he became chairman of Obama’s Council of Economic Advisers, Krueger was a top economist in the Treasury Department. He also served as chief economist in the Labor Department during the Clinton administration. In a statement Monday, Princeton called Krueger a “true leader” who will be “deeply mi sed by his students Landry Shamet Jersey and colleagues.” If you or someone you know may be considering suicide, contact the National Suicide Prevention Lifeline at 1-800-273-8255 (En Espaol: 1-888-628-9454; Deaf and Hard of Hearing: 1-800-799-4889) or the Crisis Text Line by texting 741741.

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