Robert Samuelson outlines the feud between the bearded economists
(NEWSER) - Call it the "battle of the beards," suggests Robert Samuelson of the Washington Post : Paul Krugman vs. Ben Bernanke. Both are prominent economists, both have facial hair aplenty, and each has called the other "reckless." Krugman has been lambasting the Fed for not doing enough to help the economy recover—even if it means boosting inflation. Inflation, he argues, isn't so scary. Rising prices would encourage people to buy now, not later, and it would reduce the "real" value of debt. More»