We’re shocked at the passing of economist Alan Krueger. Great economist and great guy. Way too young to leave us. He will be missed.
GMM sends thoughts and prayers to his family, Lisa Simon, Benjamin, and Sydney.
Love his Great Gatsby Curve (GGC), which illustrates the relationship between inequality and intergenerational social immobility, which, by the way, was just confirmed and reinforced by the recent college admissions/bribe scandal. The GGC could, and should, be a central focus of the 2020 presidential campaign.