Ben Bernanke "Jokes" About Not Being Qualified Enough to Teach at Princeton

Then again, isn't Paul Krugman from there too?

Never believe Federal Reserve Chairman Ben Bernanke doesn't have a sense of humor.

"I wrote recently to inquire about the status of my leave from the university, and the letter I got back began, 'Regrettably, Princeton receives many more qualified applicants for faculty positions than we can accommodate,'" Bernanke said in remarks prepared for delivery on Sunday to new Princeton University graduates in his commencement speech.

Comments

[Ted Levy]

Well, he may be royally screwing up our economy, but you gotta admit that IS a funny line...

[tarran]

In Princeton's defense, it appears that its economics department is on a par with that of a community college, but working there gives one the prestige of being a professor at Princeton.

Thus, it's probably overrun by the vast number of third-rate academic economists who see it as the best place people of their abilities could teach at.

[BigT]

...a Ph.D. in economics from Massachusetts Institute of Technology in 1979, and Bachelor of Arts in economics from Harvard in 1975, graduating summa cum laude.

Bernanke was also a professor of economic and public affairs at PrincetonUniversity from 1985-2002, where he chaired the economics department from 1996 to 2002. Prior to his arrival at Princeton, he was associate professor of economics from 1983 to 1985 at StanfordUniversity and an assistant professor from 1973 to 1983. His long teaching career also includes serving as a visiting professor of economics at New YorkUniversity in 1993 and at the Massachusetts Institute of Technology from 1989 to 1990

[Investopedia]

They must be ashamed to be associated with Ben Shalom Bernanke.