Bob Clower Has Died

Bob was one of my teachers at Northwestern (and often my bridge partner). Bob was a terrible but enthusiastic bridge player and often came to class unprepared for the material he was supposed to cover. On the other side, he was a brilliant economist who caused many of us to think about things in a different way. He was one of the most likable people I ever met. As Brad DeLong notes, we'd have a better profession if current macro/monetary theory had descended from Bob rather than the likes of Edward Prescott and Robert Lucas. Bob was not as prolific a publishing economist as some who won the Nobel, but his papers were of very high quality and extremely insightful. This very sad news.