Showing 10 of 152 quotes
Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years. ”
In a slow-growing world that is short on aggregate demand, Germany's trade surplus is a problem. ”
The Fed's independence is critical. ”
In the past, Federal Reserve chairmen have not generally gone directly to the public. ”
Small businesses have played an important role in fueling past economic recoveries. ”
One would be forgiven for concluding that the assumed benefits of financial innovation are not all they were cracked up to be. ”
The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable clothes on purpose is an example of what former Princeton hockey player and Nobel Prize winner Michael Spence taught economists to call 'signaling.' ”
For many of us, owning a home signaled a passage into adulthood that coincided with the start of a career and family. ”
Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times. ”
Fostering transparency and accountability at the Federal Reserve was one of my principal objectives when I became Chairman in February 2006. ”