
Ben Bernanke
👨💼
Public Servant📖
American economist (born 1953)
📅
Born
December 13, 1953
🏙️
Birthplace
Augusta
🏛️
Nationality
United States
💼
Other Occupations
Professional Background
economistpoliticianprofessorbankerteacher
9 quotes total
9 published
1
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"The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences."
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"As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people."
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"Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education."
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"Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound."
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"I think most of us would agree that people who have, say, little formal schooling but labor honestly and diligently to help feed, clothe, and educate their families are deserving of greater respect - and help, if necessary - than many people who are superficially more successful."
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"In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement."
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"Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves."
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"Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime."
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"The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation."
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