Rudi Dornbusch

Rudi Dornbusch (Rudiger Dornbush, June 8, 1942 - July 25 2002) was a German economist born in Krefeld.

He studied at University of Geneva and got his PhD at University of Chicago in 1971. He taught at University of Rochester, Chicago and MIT.

His talent was to extract the heart of a problem and make it understandable in simple terms. For example, he explained fluctuations in prices and exchange rates with great clarity. His textbook on macroeconomics with Stanley Fischer was a key work for economics undergraduates.

He died, aged sixty, from a cancer.

Works

• Open Economy Macroeconomics.
• Macroeconomics Populism. 1990\n