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September 6, 2011

Of Princeton pair of Krueger and Krugman, it matters which is going to Washington

“Last April, economics majors at Prince­ton University crowded into a campus auditorium to watch “Inside Job,” a documentary about the financial meltdown, and then listen to a panel discussion between their department’s leading professors.

“Paul Krugman, the school’s Nobel Prize-winning professor and one of the loudest liberal critics of President Obama from his perch at the New York Times, sat audience left and echoed the film’s lacerating view of Wall Street shenanigans and complicit economists.

“Alan Krueger, the school’s popular, data-driven professor, who had recently returned from a stint in the Treasury Department, sat on the other side and expressed a more skeptical view of the film’s depictions of evil economists. Compared with Krugman’s outrage, recalled Gene Grossman, chairman of the economics department, Krueger’s was ‘less so.'”

Read the full story at The Washington Post

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