Ben Bernanke Quotes
If you're in a car crash, you're mostly involved in trying to not go off the bridge, and later on you say, 'Oh my God!'
In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.
The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis substantial fiscal resources were necessary.
As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people.
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.
When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve... mustered the moral courage to do what was necessary.
No economy can succeed without a high-quality workforce, particularly in an age of globalization and technical change.
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.
People saw the Depression as a necessary thing - a chance to squeeze out the excesses, get back to Puritan morality. That just made things worse.
Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable.
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.
