I am particularly pleased to see that the Bendheim Center for Finance is thriving. Ben Bernanke Read Quote
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 Read Quote
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives. Ben Bernanke Read Quote
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. Ben Bernanke Read Quote
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. Ben Bernanke Read Quote
To achieve a more balanced international system over time, countries with excessive and unsustainable trade surpluses will need to allow their exchange rates to better reflect market fundamentals. Ben Bernanke Read Quote
Uncertainty is seen to retard investment independently of considerations of risk or expected return. Ben Bernanke Read Quote
The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. Ben Bernanke Read Quote
