Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times.
From Ben Bernanke
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.
I don't think there are any students who should not be exposed to a basic financial literacy course.
When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve... mustered the moral courage to do what was necessary.
In the typical economic recovery, a resurgent housing sector helps fuel reemployment and rising incomes.
I am particularly pleased to see that the Bendheim Center for Finance is thriving.
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.
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.
Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions.
The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long time.
81 perspectives
20 perspectives
19 perspectives
4 perspectives
2 perspectives