Murray Weidenbaum, a soft-spoken conservative economist, who served five U.S. Presidents and taught at Washington University for 50 years, died Thursday (March 20, 2014) at Barnes-Jewish Hospital. He was 87.

Weidenbaum was chairman and founder of the Center for the Study of American Business at Washington University. He served as the Edward Mallinckrodt Distinguished University Professor at the university and was teaching a class there until about three weeks ago, when health issues forced him to stop.

His staff wanted the following passed along:

It is with great sadness that we write to let you know that our dear friend and colleague Murray Weidenbaum passed away yesterday after a short illness.  (Washington University new story: .  Our thoughts and prayers are with Phyllis and their family.

Washington University will be holding a memorial service to remember Murray and recognize his many contributions as well.

Murray played such a significant role in so many lives.  He gave guidance and direction to those who needed it.  He freely shared his wealth of knowledge and experience in business, government, economics, and personal life to all who asked.  He mentored and led many students on the path to great achievements.  He was a kind, compassionate, and devoted husband, father, and friend.

We all have benefited from Murray’s remarkable record of scholarship and public service.  We will continue to do so for years to come.  For now, we just miss Murray.

If Murray could reach out, we know that he would thank you for sharing in his life.  We are so grateful that he shared a part of his life with us