Janet Yellen: A Remarkable Rise to Power and Her Drive to Spread Prosperity to All

Janet Yellen's life and career represent the American dream itself. From her humble beginnings to her position as Chair of the Federal Reserve, she has dedicated her life to public service and making a difference in the lives of others. Yellen is a role model for women and girls everywhere, and her story is an inspiration to us all.

Empathy Economics: Janet Yellen's Remarkable Rise to Power and Her Drive to Spread Prosperity to All

by Owen Ullmann

4.5 out of 5

Language	:	English
File size	:	1265 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Print length	:	480 pages

FREE

Early Life and Education

Janet Louise Yellen was born on August 13, 1946, in Brooklyn, New York. Her parents were Anna Ruth (née Blumenthal) and Julius Yellen, a doctor. Yellen attended Fort Hamilton High School in Bay Ridge, Brooklyn, and graduated from Brown University in 1967 with a degree in economics. She then earned her Ph.D. in economics from Yale University in 1971.

Yellen began her career as an assistant professor of economics at the University of California, Berkeley, in 1971. She taught at Berkeley for seven years, and during that time she also served as a visiting professor at the London School of Economics and the University of Cambridge.

Federal Reserve career

In 1977, Yellen joined the staff of the Federal Reserve Board in Washington, D.C. She served in various roles at the Fed, including as a research economist, senior economist, and division director. In 1994, she was appointed a member of the Board of Governors of the Federal Reserve System. She served on the Board for seven years, and during that time she played a key role in the Fed's response to the financial crisis of 2008

In 2014, President Barack Obama nominated Yellen to be Chair of the Federal Reserve. She was confirmed by the Senate by a vote of 56-26, and she became the first woman to lead the Fed.

As Chair of the Fed, Yellen has overseen the continued recovery of the U.S. economy from the Great Recession. She has also taken steps to address the rising levels of income inequality and poverty in the United States.

Personal life

Janet Yellen is married to George Akerlof, a Nobel Prize-winning economist. They have one son, Robert Akerlof.

Yellen is a lifelong Democrat. She is a member of the Council on Foreign Relations and the American Economic Association.

Legacy

Janet Yellen is a highly respected economist and public servant. She is known for her intelligence, her integrity, and her commitment to social justice. She is a role model for women and girls everywhere, and her story is an inspiration to us all.

Yellen's legacy will be her lifelong commitment to making a difference in the lives of others. She has dedicated her career to public service, and she has always fought for what she believes in. She is a true champion of the American dream, and she will continue to be an inspiration to us all for years to come.

Empathy Economics: Janet Yellen's Remarkable Rise to Power and Her Drive to Spread Prosperity to All

by Owen Ullmann

4.5 out of 5

Language	:	English
File size	:	1265 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Print length	:	480 pages

FREE