October 27, 2011 9:46AM 

# The Objective Insider 

By [David Boaz](https://www.cato.org/people/david-boaz) 

---

<a class="js-popover-trigger cursor-pointer popover-trigger" data-bs-placement="bottom" data-bs-trigger="click" id="popover-trigger"> 

SHARE 

</a> 

*This is a reminiscence of Bill Niskanen by his former student and colleague [Benjamin Zycher](http://www.pacificresearch.org/keypeople/benjamin-zycher):*

The late Herbert Stein, former Chairman of the Council of Economic Advisers, and a genuinely wise man—in the true rather than the Beltway sense—once described Bill Niskanen as “a member of that rare species, the objective insider.”

I knew Bill for almost forty years, as his student at the public policy school at Berkeley, as his colleague at the Council of Economic Advisers, and as a dear friend. Bill introduced me to the newly emerging field of public choice economics. Bill sharpened my still-meager skills in economic analysis. Bill improved my econometric modeling. I cannot count the number of errors from which Bill, exhibiting the patience of Job, diverted me. Bill above all was a friend, a real friend, always willing to help, always willing to listen, always willing to be honest when called for, in a manner simultaneously uncompromising and kind.

And yet: Those nine simple words from Herb Stein capture Bill far better than I have ever been able to do. Absolute honesty, absolute integrity, absolute devotion to principle, immune to the petty pressures of others: Bill was a *mensch*. Even more than his prodigious contributions to economic and public policy analysis, those attributes will remain synonymous with his name. Kathy and Lea and Pamela and Jaime: May you be comforted with the knowledge that his name, and yours, will evoke tremendous respect for many lifetimes to come.

May Bill rest in peace.

##### Related Tags 

[General](https://www.cato.org/general) 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).