Find the best quotes by Janet Yellen.
Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices and…
When you’re unemployed for six months or a year, it is hard to qualify for a lease, so even the option of relocating to find…
Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices and staffing.
The trust institutions have in the marketplace, the confidence customers and suppliers and workers and employees have, are very important to a business’s effectiveness.
Stores don’t order merchandise unless they think they can sell it right away. Manufacturers and builders don’t produce unless they have buyers lined up. My…
Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and also…
Firms don’t just try to pay as little as possible to get the needed bodies on board; when there is unemployment, they ask themselves how…
Business students are very oriented to playing a role in the real world and accomplishing something, not training themselves to be scholars and contribute to…
In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was…
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Do policy makers have the knowledge and ability to improve…
The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it’s…
One common way of judging whether housing’s price is in line with its fundamental value is to consider the ratio of housing prices to rents.…
My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank’s…
People stop buying things, and that is how you turn a slowdown into a recession.
In government institutions and in teaching, you need to inspire confidence. To achieve credibility, you have to very clearly explain what you are doing and…
I am anxious to fix welfare. There has to be more training and child care.
To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.
It slightly worries me that when people find a problem, they rush to judgment of what to do.
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
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