Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic research falls in this category.


Ben Bernanke

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I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ...
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Special emphasis should be laid on this intimate interrelation of general statements about empirical...
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Hank Paulson, obviously, had spent his career on Wall Street, had a deep knowledge of the Street, an...
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Much theoretical work, of course, focuses on existing economic institutions. The theorist wants to e...
ERIC MASKIN
Argentina is still a big factor in markets' behavior. People are worried about Brazil's currency and...
CARLOS HOKAMA
cultural issues that manifest in the behavior of individuals and the policies of institutions becaus...
JO HANDELSMAN
It is that of increasing knowledge of empirical fact, intimately combined with changing interpretati...
TALCOTT PARSONS
This falls under the category of a minor and freak accident.
VICTOR GILL
This falls under the category of a minor and freak accident,
BOB HOPE
I think philosophers can do things akin to theoretical scientists, in that, having read about empiri...
ROBERT NOZICK
Accepting money from the federal government to conduct research places academic inquiry in the servi...
JILL LEPORE
The strong flows of international capital into emerging markets reflect a number of important trends...
JOSEF ACKERMANN
Those with an academic approach bring really quite a keen mind to the party but not necessarily an a...
ALLEN SINAI
The larger research programs that the National Science Foundation and National Institutes of Health ...
LARRY MACINTYRE
The U.S. can still maintain research institutions, such as Caltech, that are the envy of the world, ...
AHMED ZEWAIL
I am fearful, or suspicious, of generalizations... They cannot guide me reliably in making decisions...
RUTH BADER GINSBURG
A second reason why science cannot replace judgement is the behavior of financial markets.
MARTIN FELDSTEIN
Click Commerce customers include six of the top 10 National Institute of Health-funded academic medi...
NANCY KOENIG
[Skinner] does not invoke other events, processes, or mechanisms which are hypothesized or invented ...
KENNETH MACCORQUODALE
The adaptive markets hypothesis says that all economic institutions, like our own species, develop a...
ANDREW LO
Science is the most durable and nondivisive way of thinking about the human circumstance. It transce...
SAM HARRIS
The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial...
LAWRENCE SUMMERS
The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial...
LARRY SUMMERS
Science is a river with two sources, the practical source and the theoretical source.
ALFRED NORTH WHITEHEAD
Picking my topics is sort of a process of elimination for me. Most things don't work for me. I l...
MARY ROACH
A country with such a huge economic power will no doubt lead most countries in scientific research a...
LU YONGXIANG
I sympathize, therefore, with those who would minimize, rather than with those who would maximize, e...
JOHN MAYNARD KEYNES
This important new organization has lots of energy and the participation of a broad cross section of...
BILL SPENCER
We have lost the art of living; and in the most important science of all, the science of daily life,...
D. H. (DAVID HERBERT) LAWRENCE
The curious thing about individuals is that their singularity always goes beyond any category or gen...
HARUKI MURAKAMI
The progress of science is much more muddled than is depicted in most history books. This is especia...
DAVID GROSS
Science is empirical, all about physical senses that tell us about the world. But physical senses ar...
HUSTON SMITH
Today's uncertainties call for vigilance by the authorities in both mature and emerging market econo...
JOSEF ACKERMANN
Working as a cartel, these institutions could influence economies for good or for naught, potentiall...
JAMES LEACH
Different ‘philosophies’ represent nothing but methods of evaluation, which may lead to empirica...
ALFRED KORZYBSKI
Gadhafi has established no national institutions, not even allowing a fake parliament of the Mubarak...
ELLIOTT ABRAMS
We would be in a nasty position indeed if empirical science were the only kind of science possible.
EDMUND HUSSERL
The cloning of humans is on most of the lists of things to worry about from science, along with beha...
LEWIS THOMAS
The cloning of humans is on most of the lists of things to worry about from Science, along with beha...
LEWIS THOMAS
This is nine parts politics, one part legitimate concerns about national security.
DANIEL GRISWOLD
Economic institutions shape economic incentives: the incentives to become educated, to save and inve...
DARON ACEMOğLU
The risk of price declines has increased somewhat, but the national and local economies remain stron...
MARK MILNER
In this case, the concerns that you're citing were addressed and resolved. There were no national se...
CLAY LOWERY
The problem occurred with the automated clearing house posting early Friday morning. This delayed po...
SHIRLEY NORTON
The review said that there was no derogatory information against this company, and that this company...
CLAY LOWERY
Academic success depends on research and publications.
PHILIP ZIMBARDO
Neoliberalization has not been very effective in revitalizing global capital accumulation, but it ha...
DAVID HARVEY
Like the pioneering Muslim scientists, Al Bukhari insisted on an empirical, organized method in the ...
FIRAS ALKHATEEB
Unfortunately, research institutions and universities have not taken this issue seriously. They pay ...
ADIL SHAMOO
The more we learn of the true nature of non-human animals, especially those with complex brains and ...
JANE GOODALL
Academic research is supposed to be peer-reviewed, with the idea being that the best science wins ou...
JAMES SAVAGE
Simply put, to end the AIDS epidemic in the United States, we need to mobilize efforts in all our co...
ANTHONY S. FAUCI
To date, the field of memory research has primarily moved forward on two legs - studying subjects wi...
LARRY CAHILL
Despite uncertainty related to Katrina and other economic conditions, we remain optimistic about glo...
FREDERICK SMITH
Bohr's standpoint, th...
ERWIN SCHRöDINGER The market's extremely skittish. There's concerns about strong economic growth and tomorrow's (jobs)...
BRUCE ALSTON
We see continued year-over-year economic growth in the US and Asian economies.
FRED SMITH
I think, however, that so long as our present economic and national systems continue, scientific res...
JOHN B. S. HALDANE
Any econometrician who wants to see practical application of his science will be highly concerned wi...
RAGNAR FRISCH
The No. 1 issue with women in this country is jobs, and the No. 2 issue is our national security. So...
MARSHA BLACKBURN
The eighteenth century discovery that, in an institutional framework that facilitates voluntary exch...
JAMES M. BUCHANAN
Brand preferences and consumption levels in emerging markets such as China, India and Brazil tend to...
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As to the efficacy of the policy recommended by Rostow, it speaks for itself: no country, once under...
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In order to build a truly wise society devoid of any kind of existential crisis, it is imperative th...
ABHIJIT NASKAR
The hometown economic elite - rich local families or individuals whom people used to praise or revil...
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Private equity has been the purview of super wealthy individuals and institutions.
MICHAEL LEE-CHIN
It's really brought to the foreground this culture issue of what women face . . . in academic instit...
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This does not mean that currency markets have completely eliminated all concerns about the trade def...
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While big business gain subsidies and political access, small businesses drown in red tape, and indi...
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Mexico is the only country in the world that has a trade agreement with United States and Canada, an...
VICENTE FOX
I really didn't like the academic structure of science, but I realized I loved science and misse...
ERIC BETZIG
This book falls under the category of "stuff I know," as opposed to "stuff I need to learn".
RICHARD PRICE
Darwin based his theory on generalizations that were strictly empirical. You can go out and see that...
GEORGE C. WILLIAMS
raised several concerns about the fragmentary nature of the intelligence with National Security Coun...
GEORGE TENET
Musically, swing pretty much dominated in the '30s. And into the late '30s, swing is beginni...
CHRIS EIGEMAN
There are genuine concerns about economic growth globally, and there's earnings pressure from a lot ...
HILARY COOK
What is the use of this fuss about morality when the issue only involves a horse? The first and most...
DR EDWARD MAYHEW
Our economic policies have done the trick. We are in the middle of one of the strongest economies th...
DEBORAH PRYCE
There are fears that any supply disruptions could disturb oil markets and such concerns are holding ...
JOHN AUGUSTINE
Interest in temperament as an individual difference dimension of importance in one's behavior leads ...
MOUTASEM ALGHARATI
He has been careful to address all possible concerns about his leadership in Congress, in financial ...
PAUL ASHWORTH
The most obvious purpose of college education is to help students acquire information and knowledge ...
DEREK BOK
Our top research institutions brag about the amount of money they bring in, not the amount of new kn...
ADIL SHAMOO
Evangelicals, through their own scholarship as well as the support and encouragement of such bodies ...
DAVID BAKER
Markets change, tastes change, so the companies and the individuals who choose to compete in those m...
AN WANG
A big difference between Washington’s bailing out the private sector and the private sector’s ba...
LAWRENCE REED
This takes Web surfing into a different category. It is a destination in of itself.
DEBORAH FALLOWS
It was purely for economic and academic reasons.
DEEDIE DOWDLE
Most of the time, economic data is fairly benign. I don't wish to imply it is meaningless, but i...
BARRY RITHOLTZ
Interest rates matter and there are concerns about the economy. These things make the market more he...
FELIX LANTERS
The thing about markets, and I think the thing people don't understand about that, is markets ar...
RANDY NEUGEBAUER
If we knew all the answers, there will be no research.
LAILAH GIFTY AKITA
All of that (research) was academic. Carnival is all about personal perception. So you get here and ...
ALEX KAHN
For centuries, economic thinkers, from Adam Smith to John Maynard Keynes, have tried to identify the...
KLAUS SCHWAB
I’m not sure we’re close enough to the abyss for Ben Bernanke to wave goodbye and ride off into ...
BOBBY W. MILLER
Science fiction is the WikiLeaks of science, getting word to the public about what cutting-edge rese...
ROBERT J. SAWYER
Space exploration is important research to our economic and national defense, and America's spac...
RANDY FORBES
Our behavior toward each other is the strangest, most unpredictable, and most unaccountable of all t...
LEWIS THOMAS
We do intend on holding industrial events in emerging markets like the 'brick' nations: China, India...
BETH BLAKE
We are pursuing both of these development programs in close collaboration with research groups at th...
CHARLES BUGG

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Among other objectives, liquidity guidelines must take into account the risks that inadequate liquid...
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Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, altho...
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The decline in home equity makes it more difficult for struggling homeowners to refinance and reduce...
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Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.
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Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a g...
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Textbooks describe economics as the study of the allocation of scarce resources. That definition may...
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I believe that the Federal Reserve's success in reducing and stabilizing inflation and inflation exp...
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The most recent evidence ... suggests that the economic expansion remains on track.
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the policies and policy strategies established during the Greenspan years.
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Reconstruction is going to add jobs and growth to the economy,
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These inflation effects should fade even if energy prices remain elevated, so long as monetary polic...
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a forecast about the future evolution of policy, not an unconditional commitment.
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There is enormous demand for dollar denominated assets so I don't expect that this demand would drop...
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Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the ...
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The amount of currency in circulation is not changing. The money supply is not changing in any signi...
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The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank...
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Achieving price stability is not only important in itself, it is also central to attaining the Feder...
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I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonst...
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Deflation can be particularly dangerous when a financial system is shaky, with household and corpora...
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No one will lend at a negative interest rate; potential creditors will simply choose to hold cash, w...
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Deflation is defined as a general decline in prices, with emphasis on the word 'general.'
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Sector-specific price declines, uncomfortable as they may be for producers in that sector, are gener...
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I have spoken about deficits, and I think deficits are important because they address broad economic...
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At the most basic level, a central bank must be clear and open about its actions and operations, par...
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Developments in financial markets can have broad economic effects felt by many outside the markets.
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The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically...
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If you want to understand geology, study earthquakes. If you want to understand the economy, study t...
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The Federal Reserve cannot solve all the economy's problems on its own.
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A gold standard doesn't imply stability in the prices of the goods and services that people buy ...
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Identity theft is a serious crime that affects millions of Americans each year.
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Uncertainty is seen to retard investment independently of considerations of risk or expected return.
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Monetary policy is most effective when it is coherent, consistent and predictable as possible, while...
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I think it's generally a bad idea for the Fed to be the arbiter of asset prices. The Fed doesn't rea...
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Neighborhoods and communities are complex organisms that will be resilient only if they are healthy ...
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One might as well try to perform brain surgery with a sledgehammer.
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Our understanding of the best practice in monetary policy evolved during Alan Greenspan's tenure at ...
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Although I expect policy to follow the usual gradualist pattern, the pace of tightening will of nece...
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I think policy is currently quite accommodative. I think it can remain quite accommodative for a whi...
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Even if the economy recovers smartly for the rest of this year and the next, the ongoing slack in th...
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It's been a resilient economy, it's responded well and job creation has proceeded apace.
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As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps...
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To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and c...
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The role of liquidity in systemic events provides yet another reason why, in the future, a more syst...
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Preventing liquidation of an unbalanced market will leave you in tears.
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The Libor system is structurally flawed. It is a major problem for our financial system and for the ...
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I come from Main Street, from a small town that's really depressed.
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Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary ...
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The economist John Maynard Keynes said that in the long run, we are all dead. If he were around toda...
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After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold val...
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The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy...
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The best solution to income inequality is providing a high-quality education for everybody. In our h...
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The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable ...
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The U.S. government has a technology, called a printing press (or, today, its electronic equivalent)...
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It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher c...
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This step would in no way reduce the importance of maximum employment as a policy goal, ... In any c...
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In all likelihood, a significant amount of time will be required to restore the nearly eight and a h...
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When the economic well-being of their nation demanded a strong and creative response, my colleagues ...
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In fact, the world needs more nerds.
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There is a deficit; I'd like to see it lowered. But it's up to Congress to decide whether that shoul...
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I think at this point in time that the inverted yield curve is not signaling a slowdown.
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When prices are stable, people can hold money for transactions and other purposes without having to ...
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The public has shown confidence that any increases in inflation will be temporary and that, in the l...
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Some influential voices of the time argued that by accepting higher inflation, policy-makers could b...
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In any case, the Federal Reserve will continue to monitor this sector closely.
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According to government ethics rules ... it is permissible for a retired (Fed) governor to speak in ...
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In these circumstances, the FOMC judged that some further firming of monetary policy may be necessar...
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Achieving price stability is not only important in itself, it is also central to attaining the Feder...
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I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk econom...
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I think policy is currently quite accommodative. I think it can remain quite accommodative for a whi...
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I am confident that we will meet whatever challenges the future may bring.
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Our mission as set forth by the Congress is a critical one.
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The economy is much more energy efficient today than it was in the 1970s when energy shocks contribu...
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If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will...
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I will maintain the focus on long-term price stability as monetary policy's greatest contribution to...
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I assure this committee that, if I am confirmed, I will be strictly independent of all political inf...
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Monetary policy is not a panacea.
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At this point, a leveling out or a modest softening of housing activity seems more likely than a sha...
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These are issues that we are going to have to address, because they are significant.
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There are various estimates about the third quarter impact, ... Our CEA (Council of Economic Adviser...
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There appears to be some possibility that the recent trend toward disinflation will continue, primar...
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Quantitatively, outsourcing abroad simply cannot account for much of the recent weakness in the U.S....
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This step would in no way reduce the importance of maximum employment as a policy goal. In any case,...
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If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will...
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Economic management involves the operation of economic frameworks in real time - for example, in the...
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The bottom line for policy appears ambiguous.
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In the future, financial firms of any type whose failure would pose a systemic risk must accept espe...
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Stronger regulation and supervision aimed at problems with underwriting practices and lenders' r...
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History proves... that a smart central bank can protect the economy and the financial sector from th...
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If two people always agree, one of them is redundant.
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It's the price of success: people start to think you're omnipotent.
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There are various estimates about the third quarter impact. Our CEA (Council of Economic Advisers) n...
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China is growing very quickly and is clearly becoming an important player in the world economy.
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In the tradition of national income accounting, economic policymakers have typically focused on vari...
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Income inequality is troubling because, among other things, it means that many people in our society...
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Consumers going through foreclosure typically will see their credit scores drop, raising longer-term...
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The central bank needs to be able to make policy without short term political concerns.
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Certainly, 9 percent unemployment and very slow growth is not a good situation.
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Only a strong economy can create higher asset values and sustainably good returns for savers.
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Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the ...
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If I am confirmed to this position, my first priority will be to maintain consistency and continuity...
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I assure this committee that, if I am confirmed, I will be strictly independent of all political inf...
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The destruction wrought by Katrina and Rita may reduce growth somewhat in the short run, but the lon...
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The greatest single cause of the fiscal surplus of the 1990s was the stock market bubble, which led ...
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I see inflation as remaining well-contained going forward.
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There is enormous demand for dollar denominated assets so I don't expect that this demand would drop...
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Middle-income living standards, and poverty for that matter, are best addressed through employment g...
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Those high oil prices are a burden on U.S. families, on firms' production costs. But the good news i...
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My first priority will be to maintain continuing with the policy and policy strategies under the Gre...
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Intelligent people tend to talk about the facts. They don't sit around and call each other names...
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If we plant the right seeds, tomorrow will be better. If you put out good things, then you'll ge...
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You have the ability to choose which way you want to go. You have to believe great things are going ...
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I mean, there's a sense wherein you skip a part of childhood, too, when you start working at tha...
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The way that actors talk about acting is generally quite punishing, and I think actors want to put f...
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My favorite-ever version of 'King Lear' is the 1971 film by Peter Brooks. He has this enormo...
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I think some of my favorite Australian films were shot by people that are not Australian. And I thin...
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Fassbender is fearless; he's a fearless actor.
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Typically, I'll wake up at 4:30 in the morning. It's just the continual jet lag residue, jus...
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I had a pretty good career at home. What keeps you going is not having a plan B. It's a very goo...
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'Star Wars' is populated by so many great types; who wouldn't want to be a Han Solo kind...
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The thing about home is that it's a tough place to sustain a career, just by dent of the size of...
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I never felt like someone who was boyish and coming to terms with asking girls out or anything like ...
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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