Last Bow for the Inflation Tamer

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Volcker no doubt has dozens of job offers. He could easily earn $1 million a year at a Wall Street investment house, or perhaps much more if he started his own consulting firm. But some think he may resist the big money and go into academia instead, possibly teaching at Harvard or Princeton while picking up hefty consulting fees on the side. If he does join a university, his classes should be popular on campus. This is one professor who will have plenty of true-life adventures to illustrate on the chalkboard.