Peterson Institute for International Economics Update Newsletter
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PIIE Update Newsletter
January 19, 2012

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  News Release
Michael L. Mussa, Senior Fellow at the Peterson Institute for International Economics and Former IMF Chief Economist, Dies at 67
  Michael Mussa WASHINGTON—Michael L. Mussa, a renowned international economist who had been a senior fellow at the Peterson Institute for International Economics since 2001, and who was a former chief economist of the International Monetary Fund (IMF), died on January 15. Mussa, who was 67, died of heart failure at George Washington University Hospital in Washington, DC. He served as chief economist at the IMF (1991–2001) and was a member of the Council of Economic Advisers (1986–88) under President Ronald Reagan. Previously he had been a professor of economics at the University of Chicago Business School and at the University of Rochester.

As a senior fellow at the Peterson Institute, Mussa was well known for his semiannual forecasts of global economic growth, conveyed with tough assessments, clarity of expression, and biting wit. The Wall Street Journal, in a January 17 page 2 article on Mussa's death, said his influential and highly regarded forecasts were "delivered consistently with blunt words and wisecracks for policymakers and fellow economists." At both the IMF and the Peterson Institute, he was known for unsparing analysis and deep intellectual curiosity and knowledge about a full range of subjects, including history, political science, and government.

>> Read full news release

Colleagues Remember Michael Mussa

A Brilliant and Beloved Colleague
Steven R. Weisman
The Peterson Institute for International Economics mourns the passing of Michael L. Mussa, senior fellow at the Institute since 2001, former chief economist of the International Monetary Fund (IMF) and former member of President Ronald Reagan's ...
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Perceptive Analysis Wrapped in Humor
Arvind Subramanian
"In Washington, the truth is just another special interest, and one that is not particularly well-financed." That quotation from a short paper by Mike Mussa in the American Economic Review (Papers and Proceedings, Vol. 83. No. 2, 1993) on why it is so difficult to convince the ...
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Serenading the IMF Board
Mohsin S. Khan
I first met Mike Mussa in 1976 when we were both at the London School of Economics—he was visiting from Chicago for a year. His brilliance and sense of humor were clearly evident then, and only became sharper over the course of time. Later, in 1991, he became my boss in the Research Department ...
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Memories from the IMF
Ratna Sahay
Michael Mussa cared immensely for the International Monetary Fund and fought hard to ensure its independence from individual shareholders' interests. He combined clear thinking, eloquence, and ready wit with amazing effectiveness. To me and many of his staff ...
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When Will They Learn?
Edwin M. Truman
I was privileged to know Mike Mussa for almost 25 years. We met when he joined the Council of Economic Advisers in the mid-1980s. I first began to encounter him regularly up close and personal during the early 1990s when, as the economic counselor of the International Monetary Fund (IMF), he ...
>> more

Remembrances in the News and on the Web

Wall Street Journal
Economist Wielded Wit

WSJ Real Time Economics
Remembering Economist Mike Mussa

New York Times
Currencies, Prices, and Mike Mussa (A Bit Wonkish)

Washington Post
Michael L. Mussa, IMF Economist, Dies at 67

Bloomberg Businessweek
Michael Mussa, IMF Chief Economist Through 1990s, Dies at 67

International Monetary Fund
Statement by IMF Managing Director Christine Lagarde on the Death of Former IMF Economic Counsellor and Director of Research Michael Mussa

iMFdirect: The IMF Blog
Remembering Michael Mussa

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