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	<title>William Niskanen &#8211; Overlawyered</title>
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		<title>Remembering Bill Niskanen, 1933-2011</title>
		<link>https://www.overlawyered.com/2011/10/remembering-bill-niskanen-1933-2011/</link>
		
		<dc:creator><![CDATA[Walter Olson]]></dc:creator>
		<pubDate>Sat, 29 Oct 2011 13:31:22 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Cato Institute]]></category>
		<category><![CDATA[William Niskanen]]></category>
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					<description><![CDATA[<p>The distinguished economist, who served the Cato Institute as its longtime chairman, was famous for his integrity, collegiality, and far-ranging scholarly interests, and in particular for his pathbreaking work in the field of &#8220;public choice&#8221; economics [Cato bio and announcement; NYT obituary]. His departure from Ford Motor&#8217;s chief economist post after declining to back the [&#8230;]</p>
<p><a rel="nofollow" href="https://www.overlawyered.com/2011/10/remembering-bill-niskanen-1933-2011/">Remembering Bill Niskanen, 1933-2011</a> is a post from <a rel="nofollow" href="https://www.overlawyered.com/">Overlawyered - Chronicling the high cost of our legal system</a></p>
]]></description>
										<content:encoded><![CDATA[<p>The distinguished economist, who served the Cato Institute as its longtime chairman, was famous for his integrity, collegiality, and far-ranging scholarly interests, and in particular for his pathbreaking work in the field of &#8220;public choice&#8221; economics [Cato <a href="http://www.cato.org/people/william-niskanen">bio</a> and <a href="http://www.cato-at-liberty.org/william-niskanen-former-reagan-economist-and-cato-board-chair-dead-at-78/">announcement</a>; <a href="http://www.nytimes.com/2011/10/29/business/william-a-niskanen-a-blunt-libertarian-economist-dies-at-78.html?_r=1">NYT obituary</a>]. His departure from Ford Motor&#8217;s chief economist post after declining to back the company&#8217;s push for auto import quotas came to symbolize an honesty and adherence to principle that set a sorely needed example in Washington. An expert on the economics of defense spending and professor at UCLA and Berkeley, he was later an architect of the Reagan economic program as a member of that president&#8217;s Council of Economic Advisers. Throughout his career, his personal warmth, approachability and unquenchable curiosity about the world made him an inspiration and mentor to generations of scholars.  Some tributes: <a href="http://www.cato-at-liberty.org/reminiscences-of-bill-niskanen-from-lew-uhler/">Lew Uhler</a>, <a href="http://www.nationalreview.com/corner/281445/william-niskanen-1933-2011-benjamin-zycher">Ben Zycher</a>, <a href="http://econlog.econlib.org/archives/2011/10/bill_niskanen_r.html">David Henderson</a>, <a href="http://www.cato-at-liberty.org/big-sky-big-buses-and-big-bill-niskanen/">Randal O&#8217;Toole</a>, <a href="http://www.cato-at-liberty.org/bill-niskanen-on-inequality/">Ian Vasquez</a>, <a href="http://www.openmarket.org/2011/10/27/in-memoriam-william-niskanen/">Fred Smith</a>, <a href="http://reason.com/blog/2011/10/26/william-niskanen-rip">Nick Gillespie</a>, <a href="http://www.american.com/archive/2011/october/an-economists-economist">Stephen Moore</a>, <a href="http://www.cato.org/multimedia/daily-podcast/remembering-william-niskanen">John Samples</a> (audio podcast), <a href="http://www.cato-at-liberty.org/a-remembrance-of-william-niskanen/">William Poole</a>.  <a href="http://www.amazon.com/dp/1858980410/?tag=catoinstitute-20">Bureaucracy and Representative Government</a>, Niskanen&#8217;s pioneering public choice analysis of the incentives facing government agencies, appeared in 1971; a more recent essay collection, <a href="http://www.cato.org/store/books/reflections-political-economist-selected-articles-government-policies-political-processes-hard">Reflections of a Political Economist</a>, explores a range of current controversies in that and other areas. </p>
<p>Both before and since joining Cato in 2010, I had many chances to converse with Bill and get to know his enormous range of interests, extraordinary self-command, soft-spokenness and lack of pretense, and understated humor. Often, after hearing what I was working on, he would wait for a quiet moment to ask whether I was familiar with thus-and-such a scholarly paper that had appeared some while back. He then would summarize the paper&#8217;s findings, which typically would neither reinforce nor contradict the particular point I was pursuing, but instead approached the material from some entirely different perspective or pointed up an unexpected connection to what had seemed an unrelated set of issues. <em>This is what graduate school is supposed to be like</em>, I would think &#8212; and it was why, when the news came last week, I recalled what is said to be an African proverb: when a wise man dies, it is as if a library has burned down.</p>

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<p><a rel="nofollow" href="https://www.overlawyered.com/2011/10/remembering-bill-niskanen-1933-2011/">Remembering Bill Niskanen, 1933-2011</a> is a post from <a rel="nofollow" href="https://www.overlawyered.com/">Overlawyered - Chronicling the high cost of our legal system</a></p>
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