Economic Adviser To Clinton And Obama Commits Suicide

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Alan Krueger was a prominent economics professor at Princeton University. He served as an adviser U.S. Presidents Barack Obama and Bill Clinton. In a statement that was released earlier today, his family said that he took his own life over the weekend. He was 58 years old.

The statement did not disclose details regarding the circumstances of the death of Krueger, nor did the university when confirming it earlier in the day.

Krueger served in the last two Democratic administrations. He served as the chief economist for the U.S. Department of Labor during the Clinton administration and as the chairman of the White House Council of Economic Advisers for Obama.

In the statement that was furnished by the university, his family stated: “It is with tremendous sadness we share that Professor Alan B. Krueger, beloved husband, father, son, brother, and Princeton professor of economics took his own life over the weekend.”

It added: “The family requests the time and space to grieve and remember him.”

He was a professor of economics at Princeton ever since 1987. Last week, Krueger presented a lecture at Stanford University in California regarding income distribution and labour market regulation entitled “Why is Basic Universal Income So Controversial?”

In a statement, Princeton said: “Alan was recognised as a true leader in his field, known and admired for both his research and teaching.”

Krueger was an avid music fan. On his Twitter account, he posted about Bruce Springsteen and other rock stars and even mentioned David Bowie into his lectures. He made this passion the subject of his most recent research in his forthcoming book on economics and the music industry, that was scheduled to be released in June.

Krueger was a recipient of numerous awards, including the Kershaw Prize that was given by the Association for Public Policy and Management in 1997 for distinguished contributions to public policy analysis by people under the age of 40.