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  • Yellen: Welcoming Remarks

    From federalreserve.gov

    I am very pleased that the American Economic Association (AEA) and the Federal Reserve Board have organized this conference on an important issue for our profession. In trying to raise awareness of diversity in the economics profession, I am aided by the fact that economists are well acquainted with the concept of diversity from their work. When conducting a survey, economists understand that the results will be more meaningful when the diversity of the sample approaches the diversity of the population being studied. In finance, we know that diversity is fundamentally important in spreading risk. History shows that ... (full story)

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  • Post #1
  • Quote
  • Oct 30, 2014 9:07am Oct 30, 2014 9:07am
  •  Matraguna
  • | Joined Jul 2014 | Status: Blaah | 15 Comments
How did this go from very important news to whispers in the wind ?
Last time i checked the speech was marked Red and now not even orange lol.
  • Post #2
  • Quote
  • Oct 30, 2014 9:09am Oct 30, 2014 9:09am
  •  hassan561
  • | Membership Revoked | Joined Oct 2011 | 130 Comments
this speech is important you will see that in marker reaction. buy usd
  • Post #3
  • Quote
  • Oct 30, 2014 9:10am Oct 30, 2014 9:10am
  •  Lamira
  • Joined Jan 2014 | Status: candlesticks talks to me | 73 Comments
Quoting Matraguna
Disliked
How did this go from very important news to whispers in the wind ?
Last time i checked the speech was marked Red and now not even orange lol.
Ignored
Because chair did not say anything important
  • Post #4
  • Quote
  • Oct 30, 2014 9:12am Oct 30, 2014 9:12am
  •  Yossuan
  • | Joined Aug 2014 | Status: Member | 237 Comments
thats it: "whispers in the wind"
  • Post #5
  • Quote
  • Oct 30, 2014 9:28am Oct 30, 2014 9:28am
  •  Kahn88
  • | Joined Jul 2014 | Status: Member | 11 Comments
No impact so far.
  • Post #6
  • Quote
  • Oct 30, 2014 9:31am Oct 30, 2014 9:31am
  •  paddlepip
  • | Joined Sep 2014 | Status: Member | 178 Comments
300 - 400 Ph.D's at the Fed?

So I put to you good people...

How many economists does it take to fix an economy?

Answer? > 401
  • Post #7
  • Quote
  • Oct 30, 2014 9:48am Oct 30, 2014 9:48am
  •  namminh
  • | Commercial Member | Joined May 2014 | 19 Comments
sell the usd. it is too high!
  • Post #8
  • Quote
  • Oct 30, 2014 9:50am Oct 30, 2014 9:50am
  •  leiamra
  • | Joined Feb 2012 | Status: Member | 339 Comments
Granny is cooking again.....lol
  • Post #9
  • Quote
  • Oct 30, 2014 12:16pm Oct 30, 2014 12:16pm
  •  frx_trader
  • Joined Jun 2012 | Status: Analyst | 3,129 Comments
Quoting paddlepip
Disliked
300 - 400 Ph.D's at the Fed?

So I put to you good people...

How many economists does it take to fix an economy?

Answer? > 401
Ignored
Answer? 4. Too many economists, no engineers? you can't get things done without engineers and mathematicians. Where are they?
  • Post #10
  • Quote
  • Oct 30, 2014 12:18pm Oct 30, 2014 12:18pm
  •  frx_trader
  • Joined Jun 2012 | Status: Analyst | 3,129 Comments
Yellen: History shows that economies develop and become more stable through diversification. Often, in the things economists study and the methods we use, diversity is a good thing.

This is things that engineers and mathematicians can never understand. Engineers and mathematicians rely on proofs not history.

"Diversify is a good thing" Why? Show us. Prove it. Where is the math proof? How good?
  • Post #11
  • Quote
  • Oct 30, 2014 12:22pm Oct 30, 2014 12:22pm
  •  ritmorhythm
  • | Joined Jun 2014 | Status: Member | 15 Comments
Quoting frx_trader
Disliked
Yellen: History shows that economies develop and become more stable through diversification. Often, in the things economists study and the methods we use, diversity is a good thing.

This is things that engineers and mathematicians can never understand. Engineers and mathematicians rely on proofs not history.

"Diversify is a good thing" Why? Show us. Prove it. Where is the math proof? How good?
Ignored
yellen should be in marvel series.
  •  Guest
  • | IP XX.XXX.12.76
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  • Story Stats
  • Posted: Oct 30, 2014 9:03am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 11  /  Views: 5,773
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