What kind of economist is ben bernanke

Current Fed leaders. Classroom resources About this site Our authors Related resources. Ben S. Bernanke is married and has two children. Yellen Chair Board of Governors — The Fed has said it plans to keep its key short-term interest rate near zero until late , an indication that it expects the economy to stay weak for another two and a half years. And Fed policymakers appeared to signal after its two-day meeting last week a growing inclination to take further steps to lift the economy out of its slump.

Bernanke's own definition of happiness might baffle anyone without an advanced degree. He called it a "short-term state of awareness that depends on a person's perceptions of one's immediate reality, as well as on immediate external circumstances and outcomes.

It's not exactly how the classic comic strip Peanuts described it when it said, "Happiness is a warm puppy. Follow NBCNews. IE 11 is not supported. For an optimal experience visit our site on another browser. President Barack Obama has also stated that Bernanke's actions prevented the financial crisis from becoming as bad as it could have been. However, Bernanke has also been the subject of critics who claim he didn't do enough to foresee the financial crisis. Economists criticized his pumping hundreds of billions of dollars into the economy through the bond-purchase program which potentially increased individual and corporate debt, and led to inflation.

In addition to these economists, legislators also criticized his extreme measures and opposed his re-appointment as Federal Reserve Chair in President Barack Obama, however, re-appointed him for a second term. As of April , Ben Bernanke is currently serving as an economist at the Brookings Institution, a nonprofit public organization based in Washington, DC, where he provides advice on fiscal and monetary policies.

He also serves as a senior advisor to Pimco and Citadel. Federal Reserve. Monetary Policy. Actively scan device characteristics for identification.

Use precise geolocation data. Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Ben S. Bernanke is a distinguished senior fellow with the Economic Studies program at the Brookings Institution. From February through January , he was chairman of the Board of Governors of the Federal Reserve System, having been appointed to that position by both Presidents Bush and Obama.

Before his appointment as chairman, Dr. From to , Dr. Bernanke had been a professor of economics and public affairs at Princeton since Before arriving at Princeton, Dr.

Bernanke was an associate professor of economics and an assistant professor of economics at the Graduate School of Business at Stanford University. His teaching career also included serving as a visiting professor of economics at New York University and at the Massachusetts Institute of Technology. Bernanke has published many articles on a wide variety of economic issues, including monetary policy, macroeconomics, and economic history, and he is the author of several scholarly books and two textbooks.