Tuesday, April 24, 2012

Bernanke: Professor vs. Chairman

Paul Krugman details Ben Bernanke's thoughts on possible Federal Reserve action to help with job growth, both during his former days as an economics professor and now as Fed Chairman, in the New York Times.  They are markedly different.  This article by Krugman is taken from a forthcoming book "End this Depression Now!" and appears in the NY Times Magazine on 29 April 2012.  This is worth a read and explains what the Fed could be doing to help with unemployment, things for which the chairman himself once advocated.

24 April 2012

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