Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.

The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences.

I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.

September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.

I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States.