Paul Krugman, professor of economics and international affairs at the Woodrow Wilson School, Nobel Prize winner and New York Times columnist was the keynote speaker at the inaugural conference of the Julis-Rabinowitz Center (JRC) for Public Policy and Finance at the Woodrow Wilson School on April 19, 2012. Established in 2011, the Julis-Rabinowitz Center is a research and teaching center that focuses on using in-depth knowledge of financial markets to improve the design and implementation of public policies.

The theme of the JRC conference was the "European Crisis: Historical Parallels and Economic Lessons," and Krugman, as keynote speaker, discussed “Europe’s Two Depressions.”

Krugman examined the similarities between the Great Depression in the 1930s and the current financial crisis impacting Europe, with a focus on the Eurozone countries.  

To view Krugman’s discussion:

http://www.dailyprincetonian.com/2012/04/20/30691/

To view the entire JRC Conference proceedings:

http://www.princeton.edu/jrc/events_archive/repository/inaugural-conference/

Related coverage:

http://www.bloomberg.com/news/2012-04-20/spain-s-pyrrhic-victory-over-inequality.html

http://www.huffingtonpost.com/robert-teitelman/spain-housing-bubble_b_1445946.html