In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement. Ben Bernanke businessdecisiondepend Change image and share on social
The public in many countries is understandably concerned by the commitment of substantial government resources to aid the financial industry when other industries receive little or no assistance. This disparate treatment, unappealing as it is, appears unavoidable. Ben Bernanke aidappearassistance share on social
To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy. Ben Bernanke affectbankcredit Change image and share on social
If you're in a car crash, you're mostly involved in trying to not go off the bridge, and later on you say, 'Oh my God!' Ben Bernanke bridgecarcrash Change image and share on social
The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example. Ben Bernanke agencybillbuy Change image and share on social
If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that would either be by increasing domestic demand or by weakening its own currency. Ben Bernanke australiaaustraliancurrency share on social
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions. Ben Bernanke actaffectbusiness Change image and share on social
We should see better and more direct measurements of economic well being. Ben Bernanke directeconomicmeasurement Change image and share on social
Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy. Ben Bernanke additionaffectattachment share on social
The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as severe as the Great Depression. Ben Bernanke 1980sbubblecall Change image and share on social