Search Results
Speech
Suggestions after a decade at the Fed (with Reference to Paul Volcker, Roosa Boys, Hogwarts, the Death Star, Ebenezer Scrooge, Mae West, Herb Kelleher, Worms and Camels, Peter Weir, Charles Kindleberger, Pope Francis and Secretariat)
Remarks before the Economic Club of New York, New York City, February 11, 2015.
Speech
Financial reform or financial dementia?
Remarks at the SW Graduate School of Banking 53rd Annual Keynote Address and Banquet, Dallas, Texas, June 3, 2010 ; "Let me make my sentiments clear: It is my view that, by propping up deeply troubled big banks, authorities have eroded market discipline in the financial system."
Speech
Selling our services to the world (with an ode to Chicago)
"The United States, like Chicago, can continue to prosper only if it faces economic change head-on, choosing to compete rather than retreat, seeking out new opportunities in a globalizing economy, where goods, services, money and ideas flow freely across international borders." ; Remarks before the Chicago Council on Global Affairs, Chicago, Illinois, April 17, 2008.
Speech
The United States is not Europe and Texas ain't France: America as the thoroughbred economy
Remarks before the Cato Institute, Washington, D.C., October 10, 2012 ; "I would suggest that if you want to see an economy that has avoided the traps of an overburdened social structure like that which you have discussed today, and if you want to consider a fiscal and regulatory regime that attracts rather than chases away business and jobs, you might look to Texas."
Speech
The United States: still the growth engine for the world economy?
Remarks at the Institute of Economic Affairs' 23rd Annual State of the Economy Conference, London, February 6, 2006 ; "I posit that China and India and the new players will enhance American productivity and abet U.S. growth, not threaten it. These rising economies will provide sources of inputs American companies can use to drive down costs and increase variety for consumers. They will increase competition--which is good. Competition sharpens the wits and improves muscle tone.">
Speech
The egocentricity of the present (prefaced by the tale of Ruth and Emma)
"In building the bridge to restore financial order and efficiency, my primary interest is to do the minimum necessary to get the job done. And no more. In so doing, my hope is that we restore the long-term faith of the millions of risk takers who make our economy so mighty." ; Remarks before a Federal Reserve Bank of Dallas Community Forum, San Antonio, Texas, April 9, 2008.
Journal Article
President's perspective
Speech
Where we go from here : the crisis and beyond (with reference to P.G. Wodehouse, John Kenneth Galbraith, Alan Greenspan and an unnamed Eller College student)
Remarks before the Eller College of Management, University of Arizona, Tucson, Arizona, March 30, 2010 ; "Generally, the data indicate that we will move down the field this year at about a 3 percent clip. It is less than we had grown accustomed to in the heyday before the crisis, and it may not result in as rapid a reduction in unemployment as we would like."
Speech
China's economic growth
Remarks before the Annual Symposium on Critical Global Markets: China's Remarkable Rise, Center for American and International Law, Dallas, TX, June 14, 2005
Speech
Coping with globalization's impact on monetary policy
Remarks for the National Association for Business Economics Panel Discussion at the 2006 Allied Social Science Associations Meeting, Boston, Massachusetts, January 6, 2006 ; "By spurring productivity and fomenting tectonic economic changes, globalization has acted as a tailwind for the Fed's--and other central banks'--efforts to hold down inflation. I believe the Federal Reserve has been able to contain inflation with faster growth than would have been possible in the absence of globalization. In short, globalization has made the Fed's job easier over the past few years">