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-Obits-
Why did Obama and Clinton economic adviser, 58, take his own life despite having a new book coming out in June?
2019-03-20
Posted by:Skidmark

#15  He was known as an expert on the road speeds who argued that raising the speeding fine did not slow driving
Posted by: Bright Pebbles   2019-03-20 19:15  

#14  the article and various other new summaries do not do a good job of discussing Krueger's work on the minimum wage

he was studying what could be called marginal increases, say from $7 to $7.5 and not the increases from 10 to 15

these have some different dynamics because in the .50 cent increases, the businesses have the slack to raise prices a few cents and cut back on fancy napkins, etc. while in the case of the $5 increase, the business require major restructuring of their cash outlays
Posted by: lord garth   2019-03-20 19:03  

#13  He was known as an expert on the labor market who argued that raising minimum wage did not slow hiring

A counterintuitive but arguable claim until the experiment was run in, I think, Seattle, and currently in New York City. In both cases not only has hiring in the lower wage groups dropped, but the number of those employed in minimum wage jobs was actively reduced following the increase in the minimum wage. In brief, they fired ‘em and didn’t hire replacements.
Posted by: trailing wife   2019-03-20 17:46  

#12  Took his own life? That's what they want you to think!
Posted by: AlmostAnonymous5839   2019-03-20 15:23  

#11  from the article: He was known as an expert on the labor market who argued that raising minimum wage did not slow hiring

That seems a bit counter-intuitive. Generally, when you make something more expensive, you get less of it. Makes me wonder if there is some journalistic spin in "did not slow hiring" - for example, it didn't slow hiring, but a lot of people got laid off or had their hours cut.

And while I'm generally suspicious of statistical arguments, shouldn't we be accustomed by now to people around the Clintons being found unexpectedly dead?
Posted by: SteveS   2019-03-20 13:37  

#10  Guilt.
Posted by: Mrs. Davis   2019-03-20 12:41  

#9  Sounds like his job was to defend the indefensible. That must get tedious. My sympathies to his family.
Posted by: Abu Uluque   2019-03-20 12:35  

#8  #4 He found out he was going to get the $15 minimum for writing the book.

And his book was going to be given away free by the Progs.
Posted by: JohnQC   2019-03-20 09:31  

#7  Arkancide?
Posted by: Warthog   2019-03-20 09:23  

#6  "Despite"?

Did Fox Butterfield write the headline?
Posted by: charger   2019-03-20 09:22  

#5  He 'got tired of winning' and became depressed as he watched his 401k portfolio grow ?
Posted by: Besoeker   2019-03-20 08:33  

#4  He found out he was going to get the $15 minimum for writing the book.
Posted by: Airandee   2019-03-20 06:18  

#3  Timing is everything...
Posted by: M. Murcek   2019-03-20 05:23  

#2  he had begun work on studying the economics of opiod addiction

just a guess that he may have taken some and got hooked
Posted by: lord garth   2019-03-20 04:31  

#1  I didn't see any reason given in the article.
Posted by: Besoeker   2019-03-20 02:12  

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