In Memoriam: Martin Feldstein
November 25, 1939 – June 11, 2019
It is with great sadness that we report the death of emeritus member Martin Feldstein, who passed away today after a battle with cancer. A friend to us all, Marty will be remembered as a noted policy maker and leading voice in American economics. He served as Chair of the Council of Economic Advisers under President Ronald Reagan, President of the American Economic Association under President George W. Bush, and as a member of the President’s Economic Recovery Advisory Board under President Barack Obama.
Marty joined the G30 in 2003, and he was always an active member, engaging in debate on many topics of global and domestic economics and advocating sensible economic solutions to hard problems. Marty also provided leadership of the Group, when serving as a Trustee.
Marty was a giant in academia as well as the policy debate. As a leader in the academic study of economics, he taught generations of students as Professor of Economics at Harvard University. In his role as President of the National Bureau for Economic Research, for thirty years, Marty helped shape and lead the economics research agenda of his profession. Marty’s outstanding academic abilities were recognized as early as 1977, when he was awarded the John Bates Clarke Medal of the American Economic Association.
We all will remember Marty as an effective former policy maker, academic, writer and teacher. But we will also fondly remember Marty as a gentleman. A good and decent man. One who always supported his friends, young and old. Marty treated all those around him with respect and diplomacy. He is a great loss to us all and he will be much missed by the members of the G30. We send our deepest sympathy to Kate and his family at this very sad time. Rest in peace.