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

Janet Yellen is the first woman to hold all three top economic policy jobs in the US, and President Biden announced her as his choice for secretary of the treasury. Her commitment to putting those on the bottom half of the economic ladder at the center of economic policy and employing forward-looking ideas to use the power of government to create a more prosperous, productive life for everyone is remarkable. She is an icon of progress, rooted in her family life in Brooklyn.

Format: Hardback
Length: 480 pages
Publication date: 27 September 2022
Publisher: PublicAffairs,U.S.

When President Biden announced Janet Yellen as his choice for secretary of the treasury, it marked a pivotal moment in a remarkable life. Not only the first woman in the more than two-century history of the office, Yellen holds the distinction of being the first individual to occupy all three top economic policy positions in the United States: chair of both the Federal Reserve and the President's Council of Economic Advisors, as well as treasury secretary.

Through Owen Ullmann's insightful portrait, we gain two remarkable insights into Yellen's approach to economics. Firstly, her unwavering commitment to placing those at the bottom of the economic ladder at the center of economic policy, and secondly, her ability to employ forward-looking ideas to harness the power of government to create a more prosperous and productive life for all.

As Ullmann takes us through Yellen's life and work, we are struck by her brilliance and meticulous preparation. What truly stands out, however, is Yellen's status as an icon of progress, akin to the Ruth Bader Ginsburg of economics. She is a superb yet distinct kind of player in a cold, male-dominated profession that often devises policies to benefit the already well-off. With humility and compassion as her defining traits, we witness the profound influence of Yellen's father, a physician whose pay-what-you-can philosophy meant never turning anyone away. This compassion, rooted in her family life in Brooklyn, has now spread across our entire country.

In conclusion, Janet Yellen's appointment as secretary of the treasury is a historic milestone that signifies a significant step towards gender equality and economic diversity in the United States. Her unwavering commitment to social justice, forward-thinking ideas, and compassionate nature make her a true inspiration to all. As we look to the future, we can expect Yellen to continue to make a profound impact on economic policy and drive progress for generations to come.

Weight: 718g
Dimension: 164 x 243 x 43 (mm)
ISBN-13: 9781541701021