Chairs of the White House Council of Economic Advisers rarely last a full presidential term. The Obama Administration has already lost two: Christina Romer and Austan Goolsbee, who announced his departure in June. Enter Alan Krueger. President Obama's new nominee to lead the council is a 50-year-old Princeton professor who is familiar with Washington, having served as chief economist at the Departments of Labor and the Treasury. In his new role, Krueger will have to bridge the gaps between economic theory, effective policy and political reality while also standing watch as Obama rolls out a plan to boost the nation's abysmal...
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