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.
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