I enjoyed reading this WSJ article today about Janet Yellen, "Janet Yellen, a Top Contender at the Fed, Faces Test Over Easy Money," which is behind a subscriber firewall. Thanks to my dad for sending it along!
I had the privilege of serving as Janet's assistant on two trips to the OECD in Paris back during 1998 and 1999, when unemployment in the U.S. was dipping down toward 4.0 percent. Those trips were a great education for me, a 25-year old Ph.D. student from Berkeley who was more than a little wet behind the ears. Janet's preparedness, knowledge, and steady wisdom were inspiring.