Margaret G. Reid was an economic scholar whose solid empirical analysis and insight into the economics of household and consumer behavior produced the foundation of many important theoretical advances in economics. Her pioneering work on the economics of household production and use of time, the concept and measurement of permanent income, and the statistical analysis of demand for housing were major contributions to the development of economic science and survey work. She was named a Distinguished Fellow of the American Economics Association in 1980. Her death in late 1991 at the age of 96 marked the end of a long and distinguished career.