World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Group
The forum at the International House, Morningside Heights, New York, with former heads of the Federal Reserve Volcker, Greenspan, Bernanke and Yellen
04/07/2016
Fareed Zakaria is the host for a forum at the International House in April 2016. Past chairpersons of the Federal Reserve and chairwoman Yellen discuss Fed policies with Zakaria, in a rare situation where the Fed chairpersons are brought together to respond to questions about their policies and problems. At one point Zakaria asks if a former chairperson McChesney Martin's warning about pulling away the punch bowl when the party got started had not been heeded resulting in the 2008 financial crisis. William McChesney Martin served under five administrations since Harry Truman (1951-1970) and followed a policy of raising rates when the economy reached a certain point in its expansion. Martin brought tremendous experience to the Fed, with his work in finance on Wall Street and at Treasury, and in a rare coincidence it was his father who helped found the Federal Reserve under president Wilson in 1913. Posterity might see the work of Bernanke and Yellen in a light similiar to the work of Martin in helping the nation recover from crisis.
Grouped Articles
Janet Yellen and Fed Predecessors Find Common Ground Onstage
New York Times 04.07.2016
Years of Fed Missteps Fueled Disillusion With the Economy and Washington
WSJ 08.26.2016
Where Hillary Clinton and Donald Trump Stand on Wall Street
WSJ 09.16.2016
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us