Stanley Fischer PhD ’69, MIT professor emeritus of economics and a towering figure in both academic macroeconomics and global economic policymaking, passed away on May 31. He was 81. Fischer was a foundational scholar as well as a wise mentor and a central force in shaping the macroeconomic tradition of MIT’s Department of Economics that continues today.“Together with Rudi Dornbusch and later Olivier Blanchard, Stan was one of the intellectual engines that powered MIT macroeconomics in the 1970s and beyond,” says Ricardo Caballero PhD ’88, one of Fischer’s advisees and…
