After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. By comparison, the average real income of the other 95% of households grew less than 10%.
I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans hav… - Janet Yellen
I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans hav…
- Janet Yellen
In government institutions and in teaching, you need to inspire confidence. To achieve credibility, you have to very clearly explain what you are doi… - Janet Yellen
In government institutions and in teaching, you need to inspire confidence. To achieve credibility, you have to very clearly explain what you are doi…
Long-term unemployment can make any worker progressively less employable, even after the economy strengthens. - Janet Yellen
Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.
It slightly worries me that when people find a problem, they rush to judgment of what to do. - Janet Yellen
It slightly worries me that when people find a problem, they rush to judgment of what to do.
To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target. - Janet Yellen
To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.
The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living sta… - Janet Yellen
The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living sta…
If it were possible to take interest rates into negative territory I would be voting for that. - Janet Yellen
If it were possible to take interest rates into negative territory I would be voting for that.
For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system… - Janet Yellen
For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system…
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. - Janet Yellen
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.
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