I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour. Ben Bernanke bagelchaircoffee share on social
The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation. Ben Bernanke economiceconomyeducation share on social
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 more sustainable home purchase at some later point. Ben Bernanke abilityconsumercredit share on social
The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable clothes on purpose is an example of what former Princeton hockey player and Nobel Prize winner Michael Spence taught economists to call 'signaling.' Ben Bernanke bigcallclothe share on social
If two people always agree, one of them is redundant. Ben Bernanke agreepeopleredundant Change image and share on social
I assure this committee that, if I am confirmed, I will be strictly independent of all political influences... essential to that institution's ability to function effectively and achieve its mandated objectives. Ben Bernanke abilityachieveassure share on social
As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people. Ben Bernanke educationeducatoreffect Change image and share on social
Long term, I have a lot of confidence in the United States. We have an excellent record in terms of innovation. We have great universities that are involved in technological change and progress. We have an entrepreneurial culture, much more than almost any other country. Ben Bernanke changeconfidencecountry 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
The Federal Reserve, like other central banks, wields powerful tools; democratic accountability requires that the public be able to see how and for what purposes those tools are being used. Ben Bernanke accountabilitybankcentral Change image and share on social
