Economic science concerns itself primarily with theoretical and empirical generalizations about the ...
BEN BERNANKE Among other objectives, liquidity guidelines must take into account the risks that inadequate liquid...
BEN BERNANKE Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, altho...
BEN BERNANKE The decline in home equity makes it more difficult for struggling homeowners to refinance and reduce...
BEN BERNANKE Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.
BEN BERNANKE Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a g...
BEN BERNANKE Aggregate statistics can sometimes mask important information.
BEN BERNANKE Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster ...
BEN BERNANKE Textbooks describe economics as the study of the allocation of scarce resources. That definition may...
BEN BERNANKE History has demonstrated time and again the inherent resilience and recuperative powers of the Ameri...
BEN BERNANKE Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their ...
BEN BERNANKE No economy can succeed without a high-quality workforce, particularly in an age of globalization and...
BEN BERNANKE The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-b...
BEN BERNANKE The lesson of history is that you do not get a sustained economic recovery as long as the financial ...
BEN BERNANKE Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement -...
BEN BERNANKE I believe that the Federal Reserve's success in reducing and stabilizing inflation and inflation exp...
BEN BERNANKE The greatest single cause of the fiscal surplus of the 1990s was the stock market bubble, which led ...
BEN BERNANKE The most recent evidence ... suggests that the economic expansion remains on track.
BEN BERNANKE the policies and policy strategies established during the Greenspan years.
BEN BERNANKE Reconstruction is going to add jobs and growth to the economy,
BEN BERNANKE These inflation effects should fade even if energy prices remain elevated, so long as monetary polic...
BEN BERNANKE a forecast about the future evolution of policy, not an unconditional commitment.
BEN BERNANKE There is enormous demand for dollar denominated assets so I don't expect that this demand would drop...
BEN BERNANKE Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the ...
BEN BERNANKE Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee (FOMC) would ...
BEN BERNANKE The amount of currency in circulation is not changing. The money supply is not changing in any signi...
BEN BERNANKE It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many ci...
BEN BERNANKE I and others were mistaken early on in saying that the subprime crisis would be contained. The causa...
BEN BERNANKE Fostering transparency and accountability at the Federal Reserve was one of my principal objectives ...
BEN BERNANKE The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank...
BEN BERNANKE Remember that physical beauty is evolution's way of assuring us that the other person doesn'...
BEN BERNANKE Achieving price stability is not only important in itself, it is also central to attaining the Feder...
BEN BERNANKE When historical relationships are taken into account, it is difficult to ascribe the house price bub...
BEN BERNANKE I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonst...
BEN BERNANKE Deflation can be particularly dangerous when a financial system is shaky, with household and corpora...
BEN BERNANKE Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real ter...
BEN BERNANKE No one will lend at a negative interest rate; potential creditors will simply choose to hold cash, w...
BEN BERNANKE Deflation is defined as a general decline in prices, with emphasis on the word 'general.'
BEN BERNANKE Sector-specific price declines, uncomfortable as they may be for producers in that sector, are gener...
BEN BERNANKE I have spoken about deficits, and I think deficits are important because they address broad economic...
BEN BERNANKE At the most basic level, a central bank must be clear and open about its actions and operations, par...
BEN BERNANKE The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as ...
BEN BERNANKE Developments in financial markets can have broad economic effects felt by many outside the markets.
BEN BERNANKE I think most of us would agree that people who have, say, little formal schooling but labor honestly...
BEN BERNANKE In any given month, a large number of workers are being hired or are leaving their current jobs, ill...
BEN BERNANKE The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically...
BEN BERNANKE If you want to understand geology, study earthquakes. If you want to understand the economy, study t...
BEN BERNANKE As an educator myself, I understand the profound effect that good teachers and a quality education h...
BEN BERNANKE In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, whi...
BEN BERNANKE The financial crisis that began in the summer of 2007 was an extraordinarily complex event with mult...
BEN BERNANKE The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on b...
BEN BERNANKE The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would no...
BEN BERNANKE Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was qu...
BEN BERNANKE The Federal Reserve cannot solve all the economy's problems on its own.
BEN BERNANKE As we try to make the financial system safer, we must inevitably confront the problem of moral hazar...
BEN BERNANKE Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other...
BEN BERNANKE Given the extent of the exposures of major banks around the world to A.I.G., and in light of the ext...
BEN BERNANKE Of course, economic forecasts must be revised when new information arrives and are thus necessarily ...
BEN BERNANKE A gold standard doesn't imply stability in the prices of the goods and services that people buy ...
BEN BERNANKE I came home from school one day, and there was a phone call for me. And I picked up the phone. They ...
BEN BERNANKE In many spheres of human endeavor, from science to business to education to economic policy, good de...
BEN BERNANKE Since World War II, inflation - the apparently inexorable rise in the prices of goods and services -...
BEN BERNANKE Economics has many substantive areas of knowledge where there is agreement, but also contains areas ...
BEN BERNANKE The more guidance a central bank can provide the public about how policy is likely to evolve the gre...
BEN BERNANKE The actions taken by central banks and other authorities to stabilize a panic in the short run can w...
BEN BERNANKE Honest error in the face of complex and possibly intractable problems is a far more important source...
BEN BERNANKE Identity theft is a serious crime that affects millions of Americans each year.
BEN BERNANKE Uncertainty is seen to retard investment independently of considerations of risk or expected return.
BEN BERNANKE A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street.
BEN BERNANKE The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock ...
BEN BERNANKE Monetary policy is most effective when it is coherent, consistent and predictable as possible, while...
BEN BERNANKE I think it's generally a bad idea for the Fed to be the arbiter of asset prices. The Fed doesn't rea...
BEN BERNANKE Neighborhoods and communities are complex organisms that will be resilient only if they are healthy ...
BEN BERNANKE One might as well try to perform brain surgery with a sledgehammer.
BEN BERNANKE Community development has a long history of innovation and learning from experience.
BEN BERNANKE Our understanding of the best practice in monetary policy evolved during Alan Greenspan's tenure at ...
BEN BERNANKE Although I expect policy to follow the usual gradualist pattern, the pace of tightening will of nece...
BEN BERNANKE I think policy is currently quite accommodative. I think it can remain quite accommodative for a whi...
BEN BERNANKE Even if the economy recovers smartly for the rest of this year and the next, the ongoing slack in th...
BEN BERNANKE It's been a resilient economy, it's responded well and job creation has proceeded apace.
BEN BERNANKE As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps...
BEN BERNANKE To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and c...
BEN BERNANKE The role of liquidity in systemic events provides yet another reason why, in the future, a more syst...
BEN BERNANKE Preventing liquidation of an unbalanced market will leave you in tears.
BEN BERNANKE The Libor system is structurally flawed. It is a major problem for our financial system and for the ...
BEN BERNANKE Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary ...
BEN BERNANKE The economist John Maynard Keynes said that in the long run, we are all dead. If he were around toda...
BEN BERNANKE After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold val...
BEN BERNANKE The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy...
BEN BERNANKE Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out p...
BEN BERNANKE The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing ...
BEN BERNANKE The best solution to income inequality is providing a high-quality education for everybody. In our h...
BEN BERNANKE The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable ...
BEN BERNANKE The movement toward a holistic approach to community development has been long in the making, but th...
BEN BERNANKE The U.S. government has a technology, called a printing press (or, today, its electronic equivalent)...
BEN BERNANKE It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher c...
BEN BERNANKE This step would in no way reduce the importance of maximum employment as a policy goal, ... In any c...
BEN BERNANKE In all likelihood, a significant amount of time will be required to restore the nearly eight and a h...
BEN BERNANKE When the economic well-being of their nation demanded a strong and creative response, my colleagues ...
BEN BERNANKE In fact, the world needs more nerds.
BEN BERNANKE There is a deficit; I'd like to see it lowered. But it's up to Congress to decide whether that shoul...
BEN BERNANKE I think at this point in time that the inverted yield curve is not signaling a slowdown.
BEN BERNANKE When prices are stable, people can hold money for transactions and other purposes without having to ...
BEN BERNANKE The public has shown confidence that any increases in inflation will be temporary and that, in the l...
BEN BERNANKE Some influential voices of the time argued that by accepting higher inflation, policy-makers could b...
BEN BERNANKE In any case, the Federal Reserve will continue to monitor this sector closely.
BEN BERNANKE According to government ethics rules ... it is permissible for a retired (Fed) governor to speak in ...
BEN BERNANKE In these circumstances, the FOMC judged that some further firming of monetary policy may be necessar...
BEN BERNANKE Achieving price stability is not only important in itself, it is also central to attaining the Feder...
BEN BERNANKE I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk econom...
BEN BERNANKE I think policy is currently quite accommodative. I think it can remain quite accommodative for a whi...
BEN BERNANKE I am confident that we will meet whatever challenges the future may bring.
BEN BERNANKE Our mission as set forth by the Congress is a critical one.
BEN BERNANKE The economy is much more energy efficient today than it was in the 1970s when energy shocks contribu...
BEN BERNANKE If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will...
BEN BERNANKE I will maintain the focus on long-term price stability as monetary policy's greatest contribution to...
BEN BERNANKE I assure this committee that, if I am confirmed, I will be strictly independent of all political inf...
BEN BERNANKE Monetary policy is not a panacea.
BEN BERNANKE At this point, a leveling out or a modest softening of housing activity seems more likely than a sha...
BEN BERNANKE These are issues that we are going to have to address, because they are significant.
BEN BERNANKE There are various estimates about the third quarter impact, ... Our CEA (Council of Economic Adviser...
BEN BERNANKE There appears to be some possibility that the recent trend toward disinflation will continue, primar...
BEN BERNANKE Quantitatively, outsourcing abroad simply cannot account for much of the recent weakness in the U.S....
BEN BERNANKE This step would in no way reduce the importance of maximum employment as a policy goal. In any case,...
BEN BERNANKE If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will...
BEN BERNANKE Economic management involves the operation of economic frameworks in real time - for example, in the...
BEN BERNANKE The bottom line for policy appears ambiguous.
BEN BERNANKE In the future, financial firms of any type whose failure would pose a systemic risk must accept espe...
BEN BERNANKE Stronger regulation and supervision aimed at problems with underwriting practices and lenders' r...
BEN BERNANKE History proves... that a smart central bank can protect the economy and the financial sector from th...
BEN BERNANKE If two people always agree, one of them is redundant.
BEN BERNANKE It's the price of success: people start to think you're omnipotent.
BEN BERNANKE There are various estimates about the third quarter impact. Our CEA (Council of Economic Advisers) n...
BEN BERNANKE China is growing very quickly and is clearly becoming an important player in the world economy.
BEN BERNANKE In the tradition of national income accounting, economic policymakers have typically focused on vari...
BEN BERNANKE Income inequality is troubling because, among other things, it means that many people in our society...
BEN BERNANKE If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would ...
BEN BERNANKE Consumers going through foreclosure typically will see their credit scores drop, raising longer-term...
BEN BERNANKE The central bank needs to be able to make policy without short term political concerns.
BEN BERNANKE Certainly, 9 percent unemployment and very slow growth is not a good situation.
BEN BERNANKE Only a strong economy can create higher asset values and sustainably good returns for savers.
BEN BERNANKE Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the ...
BEN S. BERNANKE If I am confirmed to this position, my first priority will be to maintain consistency and continuity...
BEN S. BERNANKE I assure this committee that, if I am confirmed, I will be strictly independent of all political inf...
BEN S. BERNANKE The destruction wrought by Katrina and Rita may reduce growth somewhat in the short run, but the lon...
BEN S. BERNANKE The greatest single cause of the fiscal surplus of the 1990s was the stock market bubble, which led ...
BEN S. BERNANKE I see inflation as remaining well-contained going forward.
BEN S. BERNANKE There is enormous demand for dollar denominated assets so I don't expect that this demand would drop...
BEN S. BERNANKE Middle-income living standards, and poverty for that matter, are best addressed through employment g...
BEN S. BERNANKE Those high oil prices are a burden on U.S. families, on firms' production costs. But the good news i...
BEN S. BERNANKE My first priority will be to maintain continuing with the policy and policy strategies under the Gre...
BEN S. BERNANKE Intelligent people tend to talk about the facts. They don't sit around and call each other names...
BEN CARSON If we plant the right seeds, tomorrow will be better. If you put out good things, then you'll ge...
BEN VEREEN You have the ability to choose which way you want to go. You have to believe great things are going ...
BEN CARSON I mean, there's a sense wherein you skip a part of childhood, too, when you start working at tha...
BEN MENDELSOHN I basically sat around unemployed in Sydney for three years straight, and the two things that saved ...
BEN MENDELSOHN The way that actors talk about acting is generally quite punishing, and I think actors want to put f...
BEN MENDELSOHN My favorite-ever version of 'King Lear' is the 1971 film by Peter Brooks. He has this enormo...
BEN MENDELSOHN I think some of my favorite Australian films were shot by people that are not Australian. And I thin...
BEN MENDELSOHN Fassbender is fearless; he's a fearless actor.
BEN MENDELSOHN Typically, I'll wake up at 4:30 in the morning. It's just the continual jet lag residue, jus...
BEN MENDELSOHN I had a pretty good career at home. What keeps you going is not having a plan B. It's a very goo...
BEN MENDELSOHN 'Star Wars' is populated by so many great types; who wouldn't want to be a Han Solo kind...
BEN MENDELSOHN The thing about home is that it's a tough place to sustain a career, just by dent of the size of...
BEN MENDELSOHN I never felt like someone who was boyish and coming to terms with asking girls out or anything like ...
BEN MENDELSOHN I remember 'The Yearling' was the first film I ever saw, and my mom told me I cried for abou...
BEN MENDELSOHN The people I've encountered who are really dangerous in my life don't go around with their f...
BEN MENDELSOHN Before 'Animal Kingdom,' I wasn't particularly thought of in villainous roles.
BEN MENDELSOHN I like to call up ghosts of things past for myself when I'm working a lot.
BEN MENDELSOHN 'Animal Kingdom' is a significant comet, and it's cast a tail. It's very hard to see...
BEN MENDELSOHN 'Animal Kingdom' is a lot of things, but it's not heartwarming.
BEN MENDELSOHN The very rough story is this: Melbourne boy, out of both my parents' houses at a young age, live...
BEN MENDELSOHN Acting is a bit of a heart and soul exercise with me. It's kind of all I've got.
BEN MENDELSOHN I think now there's much more of a confessional culture. That's not my bag. I come from a sl...
BEN MENDELSOHN You can certainly extend your adolescence. There's people that are very good at extending it ind...
BEN MENDELSOHN You think of 'Outlaw Josey Wales,' you immediately think of the old Indian guy, Sondra Locke...
BEN MENDELSOHN As an outsider in America, you do see the kind of hypocrisy that's rampant there.
BEN MENDELSOHN It's good to surf whatever waves are going on right there as they're happening.
BEN MENDELSOHN I don't believe in the transformation myth, where if you have more success, life changes for you...
BEN MENDELSOHN We never think that our mothers will die. It was like suddenly an abyss opened at my feet - I was st...
BEN OKRI It took capitalism half a century to come back from the Great Depression.
BEN SHAPIRO Each new day has a different shape to it. You just roll with it.
BEN ZOBRIST People rely on Wikipedia, and a lot of it is wrong. But because there it is on the Internet, they as...
BEN MEZRICH Science has authority, not because of white coats, or titles, but because of precision and transpare...
BEN GOLDACRE Journalism is a craft that takes years to learn. It's like golf. You never get it right all the ...
BEN HUH One of the things I've learned is to be receptive of feedback.
BEN SILBERMANN The magician and the politician have much in common: they both have to draw our attention away from ...
BEN OKRI No matter how good you are at planning, the pressure never goes away. So I don't fight it. I fee...
BEN CARSON Here's a nation, one of the founding pillars was freedom of speech and freedom of expression. An...
BEN CARSON I grew up with an older brother, and the bond between siblings is unlike anything else, and it can b...
BEN SCHNETZER Distrust of government isn't baseless cynicism. It's realism.
BEN SHAPIRO The fact of storytelling hints at a fundamental human unease, hints at human imperfection. Where the...
BEN OKRI I used to collect knick-knacks, like wizards, trolls and little buddhas, and arrange them like preci...
BEN WHISHAW Entrepreneurs may be brutally honest, but fostering relationships with partners and building endurin...
BEN PARR Most of these people are not going anywhere, and have nothing meaningful to do. They are zombies see...
BEN HINSON I was born Moishe Ketzelbourd but the Indians call me Maurice Cougar.
BEN KATCHOR I studied politics and economics at Bristol, and people always assumed that I'd go into politics...
BEN ELLIOT Together we were something less, which felt like such a relief, to not be ourselves for a while.
BEN MARCUS Obama wants to raise the issue of immigration reform so that he can demonize Republicans as anti-His...
BEN SHAPIRO President Obama has only had two major policy victories during his tenure: the stimulus package and ...
BEN SHAPIRO