PIIE senior fellow Jeffrey J. Schott reflects on the life and legacy of his longtime colleague and friend, Gary Clyde Hufbauer, who passed away on November 4, 2026. Hufbauer was a founding senior fellow of the Peterson Institute of International Economics (PIIE, then known as the Institute for International Economics) in 1981, where he worked for most of the past 45 years, including as the Institute’s Reginald Jones Senior Fellow from 1992 to January 2018, and subsequently as a nonresident senior fellow.