Washington University of St. Louis
- AEI commemorates the remarkable life and works of economist Murray Weidenbaum, who died on March 20.
- One of AEI’s most accomplished scholars, Murray Weidenbaum championed free markets and limited government
- Murray Weidenbaum served in public policy roles under five US presidents.
The American Enterprise Institute commemorates the remarkable life and works of economist Murray Weidenbaum, who died on March 20. One of AEI’s most accomplished scholars, Weidenbaum championed free markets and limited government in public policy roles that included service to five U.S. presidents.
A highly influential economist and policy adviser, Weidenbaum served AEI in many capacities. When the institute (then called the American Enterprise Association) was foundering in the late 1940s, he worked with a group of distinguished individuals to revive it. He wrote his first pamphlet for the institute on federal budgeting in 1964, became an adjunct scholar in1972, and later a resident scholar. He also served as co-editor of AEI’s influential magazine Regulation, and as a member of the Institute’s Council of Academic Advisers.
Weidenbaum’s work for the White House began under Harry Truman. He was a strong proponent of deregulation, and his columns brought him to Ronald Reagan’s attention. Reagan made him head of the Council of Academic Advisers, a post he left in 1983 because he was dissatisfied with the president’s budget and did not want to have to defend it.
Until a few weeks ago, he was teaching courses at the Washington University in St. Louis’ Weidenbaum Center. AEI mourns the passing of our long-time colleague and friend.