Archive for the ‘Inequality’ Category

More on the Fed, QE, and the full employment unemployment rate.

October 20th, 2014

Just a quick follow up on this morning’s meanderings about the Fed, QE (quantitative easing, or the Fed’s asset purchasing program, currently winding down), inequality, and that sort of stuff. I mentioned the President of Boston Fed, Eric Rosengren, and here he is again saying very cool things in my hometown paper. For example, this is… Read more

Chair Yellen Holds Forth on the Inequality of Opportunity

October 17th, 2014

Just heard Fed chair Janet Yellen give this great talk on inequality of wealth, income, and importantly, opportunity. I’ll have more to say later, but do give this a read. Some points that jumped out to me: –It’s fundamentally important that she gave this speech, as it was when President Obama gave a speech elevating… Read more