Janet Yellen and the Ice Bucket Challenge
President Harry Truman apparently once quipped, ‘give me a one-handed economist’ because his advisors would start by saying, ‘on the one hand’ and then begin their concluding remarks a few minutes later with, ‘on the other hand…’ In that sense, Janet Yellen’s speech on Friday was two-handed with a little something for everyone, saying both that the labor market is still suffering from the 2008-2009 recession and that interest rates… Read More