The Guardian
What holds, and what fails, under pressure, standards and accountability.
Janet Yellen is a seasoned economist and the first woman to serve as Secretary of the Treasury, known for her focus on stability and support for vulnerable populations. This interview highlights her commitment to safeguarding economic systems while addressing the needs of individuals and communities.
“Yes So first of all, why is it that these institutions were bailed out? It's because if we don't have a functioning financial system in the country that enables people to borrow and lend. Knowing it's going to have a job.”
“Well, you know, at the time I did not think that I faced significant barriers. My teaching load was light. I was given a lot of time to do research. I didn't have a huge amount of committee work. I felt I was being given an opportunity to succeed. And if I didn't do so, I for a long time felt it was just my own fault.”
“Will communities really critical? I mean, we know that not only from our own personal experience, but from research that's been done about children and why some children are able to succeed better in some communities who grow up in some communities than others.”
“We care about people in their lives and their well-being, their sense of well-being. And it's, you know, jobs are not only about making money, they're about dignity, they're about a sense of self, about being part of a community and an economy that works has to be one that satisfies people's not only satisfies people's material needs, but…”
The Axe Files with David Axelrod — Ep. 596 — Secretary Janet Yellen
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