No economy can succeed without a high-quality workforce, particularly in an age of globalization and technical change. — Ben Bernanke Copy Share Image
I got into economics because I wanted to make things better for the average person. — Ben Bernanke Copy Share Image
I was a professor at Princeton University. And, in that capacity, I studied for many years the role of financial crisis in… — Ben Bernanke Copy Share Image
Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where… — Ben Bernanke Copy Share Image
Developments in financial markets can have broad economic effects felt by many outside the markets. — Ben Bernanke Copy Share Image
Only a strong economy can create higher asset values and sustainably good returns for savers. — Ben Bernanke Copy Share Image
The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being. — Ben Bernanke Copy Share Image
History has demonstrated time and again the inherent resilience and recuperative powers of the American economy. — Ben Bernanke Copy Share Image
Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as… — Ben Bernanke Copy Share Image
Economic science concerns itself primarily with theoretical and empirical generalizations about the behavior of individuals, institutions, markets, and national economies. Most academic… — Ben Bernanke Copy Share Image
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to… — Ben Bernanke Copy Share Image
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer… — Ben Bernanke Copy Share Image
Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex… — Ben Bernanke Copy Share Image
I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as… — Ben Bernanke Copy Share Image
The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of… — Ben Bernanke Copy Share Image
A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it… — Ben Bernanke Copy Share Image
Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue… — Ben Bernanke Copy Share Image
There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would… — Ben Bernanke Copy Share Image
The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support… — Ben Bernanke Copy Share Image
Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue… — Ben Bernanke Copy Share Image
It is not the responsibility of the Federal Bank - nor would it be appropriate - to protect lenders and investors from… — Ben Bernanke Copy Share Image
The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained. — Ben Bernanke Copy Share Image
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives. — Ben Bernanke Copy Share Image
Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is… — Ben Bernanke Copy Share Image
In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption. — Ben Bernanke Copy Share Image
The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again. — Ben Bernanke Copy Share Image
Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable. — Ben Bernanke Copy Share Image
Well, optimism's a good thing. It - makes people go out and - you know, start businesses and spend and do whatever… — Ben Bernanke Copy Share Image
Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is… — Ben Bernanke Copy Share Image
Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in… — Ben Bernanke Copy Share Image
The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate… — Ben Bernanke Copy Share Image
We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. — Ben Bernanke Copy Share Image
In the past, Federal Reserve chairmen have not generally gone directly to the public. — Ben Bernanke Copy Share Image
The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars… — Ben Bernanke Copy Share Image
The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds… — Ben Bernanke Copy Share Image
Community development has a long history of innovation and learning from experience. — Ben Bernanke Copy Share Image
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can… — Ben Bernanke Copy Share Image
Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a… — Ben Bernanke Copy Share Image
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction. — Ben Bernanke Copy Share Image
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability. — Ben Bernanke Copy Share Image
...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals — Ben Bernanke Copy Share Image
