Robert Tollison, 1942-2016: We're All Part of the Equilibrium
By Bryan Caplan
My former colleague Robert Tollison has passed away. I still remember the tour of Carow Hall he gave me when I was interviewing in 1997. Though we only overlapped at GMU for one year, he was an unforgettable personality. My strongest memory: At a Liberty Fund in Bozeman, Montana in the summer of 1997, someone expressed despair at economists’ inability to improve the world. Tollison responded with this aphorism, which I’ve repeated ever since:
“We’re all part of the equilibrium.”
Farewell, Bob. I’ll miss you.