Word: krueger
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...welfare of a nation can ... scarcely be inferred from a measure of national income." Seventy-five years on, GDP feels like an idea whose time has finally passed. "GDP measures, in a certain sense, how much stuff we can produce that we can drop on an enemy," Alan Krueger - now a top-ranked economist in the Obama Administration - said at the Organization for Economic Cooperation and Development (OECD) World Forum in 2007. "It's natural in the post?Cold War era that we would turn to other measures of how well our society is doing...
...Without sufficient correction for the unique characteristics of Harvard students, the value added by a top-tier education may be drastically overstated. By examining the incomes of adults who were accepted by a highly selective college but who choose to enroll at a less prestigious institution, Princeton economist Alan Krueger attempted to correct for such lurking factors as students’ maturity, motivation, and ambition that result in admission to competitive schools but also correlate with high earnings potential. His finding—that the adults who turned down the offer of elite education earned slightly more than their peers...
Dubious NIGHTMARE ON ELM STREET remake somehow scores the best possible actor to play Freddy Krueger...
Orszag has been an unabashed behavioral geek ever since he read that 401(k) study. His deputy, Jeff Liebman of Harvard, is a noted behavioral economist, as are White House economic adviser Austan Goolsbee of the University of Chicago, Assistant Treasury Secretary nominee Alan Krueger of Princeton and several other key aides. Sunstein has been nominated to be Obama's regulatory czar. Even National Economic Council director Larry Summers has done work on behavioral finance. And Harvard economist Sendhil Mullainathan is organizing an outside network of behavioral experts to provide the Administration with policy ideas...
...vice presidency, Republican John Tower emerged from among 70 contenders to win a seat he went on to hold for 24 years. Then, in 1993, when Democratic U.S. Senator Lloyd Bentsen became Secretary of the Treasury in the Clinton Administration, Governor Ann Richards named fellow Democrat Bob Krueger to the seat - a job he held for just six months before Hutchison won the seat...