[Over at Equitable Growth]: The current and the greater onrushing disaster that is macroeconomic policy in the eurozone is, in my opinion, the result of two things: 1. Setting up a Single currency in the region much broader than any optimum currency area. Show More Summary
A year and a half in the life of Federal Reserve chiefs Janet Yellen and Ben Bernanke.
Despite the protestations of an indignant Ben Bernanke, seven years of global QE have not only failed to ignite the illusory "trickle down" wealth effect but have in fact served to widen the gap between the rich and the poor the world over. Show More Summary
Ben Bernanke thinks the single currency is failing. He is not alone. But the former Fed boss is too short term and too financial. The euro zone has tough structural economic problems. The currency is different. Its future is political, and bright.
Former Federal Reserve Chairman Ben Bernanke has once again weighed in on issues around Germany’s trade surplus, this time in the context of Eurozone structures more broadly. While his analysis is much the same as before he adds an important caveat, though buried in a footnote (italics emphasis mine): [...]
The situation in Athens seems to have calmed down, but former Federal Reserve Chairman Ben Bernanke thinks Europe has an even bigger issue to worry about: Germany. In a blog post on Friday, Bernanke wrote that the failure of the euro zone as a whole is very much related to the "highly asymmetric outcomes" among member nations. Show More Summary
Must- and Should-Reads: Must-Read: Ben Bernanke: [Greece and Europe: Is Europe holding up its end of the bargain?](http://equitablegrowth.org/?p=12426) Must-Read: Simon Wren-Lewis: [The Non-Independent ECB](http://equitablegrowth.org/?p=12424)...Show More Summary
In the early 2000s, Alan Greenspan was worried about deflation. So he hired Ben Bernanke, the self-proclaimed expert on the Great Depression from Princeton. The idea was that with Bernanke as his right hand man, Greenspan could put off deflation from hitting the US. Show More Summary
Former Federal Reserve Chair Ben Bernanke said Friday that the “failure of European economic policy” played a significant role in the Greek debt crisis. “Now is a good time to ask: Is Europe holding up its end of the bargain?" Bernanke asked in a blog post on the Brookings Institution website. Show More Summary
With the finalization of a potential Greek debt deal drawing closer, former Federal Reserve chair turned blogger Ben Bernanke has a post today excoriating Europe's last five years of economic policy in which he chides Germany for more or less sucking the life out of its neighbors. Show More Summary
On June 17 th, Treasury Secretary Jack Lew shocked many, including former Chairman of the Federal Reserve Ben Bernanke, when he proclaimed that Alexander Hamilton (1755-1804) – the first and foremost Treasury Secretary – would be demoted and share the ten-dollar bill with a yet unnamed woman. Show More Summary
Submitted by Jeffrey Snider via Alhambra Investment Partners, The Federal Reserve under Alan Greenspan and then Ben Bernanke has escaped, largely, responsibility for the panic in 2008 mostly because there is no direct link between monetary policy and the housing bubble. Show More Summary
The news that Alexander Hamilton is to be demoted from the $10 bill was received with a shudder by America's most prominent financiers. Former Fed chair Ben Bernanke was "appalled." Steven Rattner - the prominent progressive investment...Show More Summary
To the editor: I really must agree with former Federal Reserve Chairman Ben S. Bernanke and his opinion that the excellent Alexander Hamilton should remain on the $10 bill. ("New face for $10 bill stirs backlash," June 27)
Despite Janet Yellen’s efforts to explain to poor people how important it is to build up one’s financial assets, the trickle down “wealth effect” that Ben Bernanke promised would accompany successive rounds of QE never quite panned out...Show More Summary
Ben Bernanke says keep Jackson on 10 dollar bill; Ackman launches $1B bond; Short sellers are lonely; P. Diddy beats son's coach with a kettlebell; and more.
Count former Federal Reserve Chairman Ben Bernanke among those “appalled” that Alexander Hamilton will be bumped from his starring role on the $10 bill.
Former Federal Reserve chief-turned blogger Ben Bernanke has joined those calling for the US Treasury to abandon plans to drop Alexander Hamilton from his featured spot on the $10 bill and to dump Andrew Jackson from the $20 instead. In a post entitled " Say it ain't so, Jack," Bernanke writes...
Ben Bernanke has joined the call to keep Hamilton on the $10 bill and put a woman on the $20 bill instead, replacing Jackson. I’m probably reading too much into this, but it reinforces my suspicion that the announcement of Hamilton’s demotion is part of a ruse designed to dampen opposition to the real goal of replacing Jackson. Think about it. Show More Summary
Former Fed Chairman Ben Bernanke is the latest to weigh in on the move to put a woman's face on the $10 bill. He's sticking up for Alexander Hamilton.