basquebromance
Diamond Member
- Nov 26, 2015
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God bless Janet Yellen, the Ruth Bader Ginsburg of economics, and her lifelong advocacy for an economics of empathy that delivers the fruits of a prosperous society to people at the bottom half of the economic ladder. When President Biden announced Janet Yellen as his choice for secretary of the treasury, it was the peak moment of a remarkable life. Not only the first woman in the more than two-century history of the office, Yellen is the first person to hold all three top economic policy jobs in the United States: chair of both the Federal Reserve and the President’s Council of Economic Advisors as well as treasury secretary
her ability to maintain humanity in a Washington policy world where fierce political combat casts others as either friend or enemy, never more so than in our current age of polarization.
Yellen is an icon of progress a superb-yet-different kind of player in a cold, male-dominated profession that all too often devises policies to benefit the already well-to-do
meanwhile, Larry Summers is a heartless shill bought and paid for by heartless corporations
jacobin.com
her ability to maintain humanity in a Washington policy world where fierce political combat casts others as either friend or enemy, never more so than in our current age of polarization.
Yellen is an icon of progress a superb-yet-different kind of player in a cold, male-dominated profession that all too often devises policies to benefit the already well-to-do
meanwhile, Larry Summers is a heartless shill bought and paid for by heartless corporations
In 2021, Larry Summers Won the Inflation Debate. But His Victory Was Transitory.
With price growth trending down over the past year despite a strong labor market, it’s looking more and more like Larry Summers was wrong about inflation after all. It’s time to revisit the great inflation debate of 2021–2022.
jacobin.com
