As business and political leaders gather in Davos this week, those weary of the palaver on trade alliances, mergers and charity initiatives can stop by the Congress Centre on Thursday morning. There, Goldie Hawn will expound on the benefits of meditation.
In 2013, a graduate student discovered a flaw in a spreadsheet, renewing the debate about austerity and debt. Emerging economies tanked, and Bitcoin boomed. In the U.S., unemployment fell and the Federal Reserve started to scale back its bond-buying program. Research focused on inequality and jobs gap between the highly skilled and everyone else. The Affordable Care Act began.
Bush-era tax cuts may be allowed to expire at the end of the year as a prelude to an agreement on the budget, according to Laura Tyson, an economics professor who advises President Barack Obama on the labor market.
Federal Reserve Vice Chairman Janet Yellen is an “ideal candidate” to lead the central bank partly because she would bring continuity as policy makers wind down their record monetary easing, said Laura Tyson, who has advised presidents Barack Obama and Bill Clinton on the economy.
Laura Tyson, an economics professor at the University of California at Berkeley and a member of President Barack Obama's Council on Jobs and Competitiveness, talks about the June U.S. employment report released today, the economy and fiscal policy.