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Danh ngôn của Ben Bernanke
(Sứ mệnh: 1)
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
Remember that physical beauty is evolution's way of assuring us that the other person doesn't have too many intestinal parasites.
Income inequality is troubling because, among other things, it means that many people in our society don't have the opportunities to advance themselves.
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.
The Fed's independence is critical.
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.
As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people.
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
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.
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can reduce liquidity premiums, help restore the confidence of investors, and thus promote stability.
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.
Community development has a long history of innovation and learning from experience.
No economy can succeed without a high-quality workforce, particularly in an age of globalization and technical change.
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.
I am particularly pleased to see that the Bendheim Center for Finance is thriving.
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.