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Empathy economics : Janet Yellen's remarkable rise to power and her drive to spread prosperity to all / Owen Ullmann.

By: Material type: TextTextPublisher: New York : PublicAffairs, [2022]Edition: First editionDescription: x, 459 pages : illustrations ; 25 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9781541701021
  • 154170102X
Subject(s): Genre/Form: Summary: "Owen Ullmann's intimate portrait of the heart and mind of Janet Yellen is the riveting story of one of the most remarkable careers of recent times. The ultimate glass-ceiling buster, Yellen is the first person to hold all three of America's top economic policy positions: Treasury Secretary (the first woman to hold the job), chair of the Federal Reserve and of the President's Council of Economic Advisers. Yellen's sheer brilliance was certainly foundational, as has been her meticulous preparation for every job she has held in academia and government. What stands out, though, are the human qualities she has maintained in a Washington policy world where fierce intellectual combat casts others as either friend or enemy, never more so than in our current age of polarization. While her accomplishments are historic, humility and compassion are her trademarks, qualities instilled by her parents: a family doctor father who labored in working class Brooklyn, treating people whether they had the ability to pay or not, and a mother who preached the ethic of public service, perseverance and nothing less than perfection in every task. As Ullmann vividly shows, empathy economics, the north star of Yellen's work as researcher, analyst, and policymaker stems from her early family life. Yellen has pushed back against the cold, abstract quality of a male-dominated economics profession that all too often pushes policies that benefit the already well-to-do. She has strived to remake it as a tool for shaping compassionate programs that help people find remedies for financial plights that stem from a lack of economic opportunity because of poverty, unemployment or job discrimination"-- Provided by publisher.
Holdings
Item type Home library Collection Call number Materials specified Status Date due Barcode Item holds
Adult Book Adult Book Main Library NonFiction 330.092 U41 Available 33111010900955
Total holds: 0

Enhanced descriptions from Syndetics:

Named one of Investopedia's 7 Best Economics Books of 2022



The trailblazing story of Janet Yellen, the Ruth Bader Ginsburg of economics, and her lifelong advocacy for an economics of empathy that delivers the fruits of a prosperous society to people at the bottom half of the economic ladder.



When President Biden announced Janet Yellen as his choice for secretary of the treasury, it was the peak moment of a remarkable life. Not only the first woman in the more than two-century history of the office, Yellen is the first person to hold all three top economic policy jobs 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 intimate portrait, we glean two remarkable aspects of Yellen's approach to economics: first, 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. And second, her ability to maintain humanity in a Washington policy world where fierce political combat casts others as either friend or enemy, never more so than in our current age of polarization.



As Ullmann takes us through Yellen's life and work, we clearly see her brilliance and meticulous preparation. What stands out, though, is Yellen as an icon of progress--the "Ruth Bader Ginsburg of economics"--a superb-yet-different kind of player in a cold, male-dominated profession that all too often devises policies to benefit the already well-to-do. With humility and compassion as her trademarks, we see the influence of Yellen's father, a physician whose pay-what-you-can philosophy meant never turning anyone away. That compassion, rooted in her family life in Brooklyn, now extends across our entire country.

Includes bibliographical references and index.

"Owen Ullmann's intimate portrait of the heart and mind of Janet Yellen is the riveting story of one of the most remarkable careers of recent times. The ultimate glass-ceiling buster, Yellen is the first person to hold all three of America's top economic policy positions: Treasury Secretary (the first woman to hold the job), chair of the Federal Reserve and of the President's Council of Economic Advisers. Yellen's sheer brilliance was certainly foundational, as has been her meticulous preparation for every job she has held in academia and government. What stands out, though, are the human qualities she has maintained in a Washington policy world where fierce intellectual combat casts others as either friend or enemy, never more so than in our current age of polarization. While her accomplishments are historic, humility and compassion are her trademarks, qualities instilled by her parents: a family doctor father who labored in working class Brooklyn, treating people whether they had the ability to pay or not, and a mother who preached the ethic of public service, perseverance and nothing less than perfection in every task. As Ullmann vividly shows, empathy economics, the north star of Yellen's work as researcher, analyst, and policymaker stems from her early family life. Yellen has pushed back against the cold, abstract quality of a male-dominated economics profession that all too often pushes policies that benefit the already well-to-do. She has strived to remake it as a tool for shaping compassionate programs that help people find remedies for financial plights that stem from a lack of economic opportunity because of poverty, unemployment or job discrimination"-- Provided by publisher.

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