“In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.” FirstsJobsDecisionPolicyIntentionInternationalFinanceBoardsDivisionArticlesReservesStaffEconomistBankingSecrecyMonetaryFederal ReserveCentral BanksMonetary PolicyCentral Banking Author:Janet Yellen
“Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it.” MindMightJobsProtectEconomicsEconomistNever Trust Book:Economics for everyone: a short guide to the economics of capitalism Source: Economics for everyone: a short guide to the economics of capitalism