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

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

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  • Create Date:2022-09-26 06:53:19
  • Update Date:2025-09-06
  • Status:finish
  • Author:Owen Ullmann
  • ISBN:154170102X
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

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。

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Reviews

Steve

I loved this book。 I think it is an honest appraisal of Janet Yellen’s career, with Owen Ullman discussing Yellen’s successes and the times she was less than successful。 I also liked the discussions about Yellen’s personal life, including her family and her early years。 The discussions about economics were crystal-clear and in plain language。 There was no getting bogged down in economic jargon。 Although the book is thorough, it never gets hung up in unnecessary minutiae。 Part of the strength of I loved this book。 I think it is an honest appraisal of Janet Yellen’s career, with Owen Ullman discussing Yellen’s successes and the times she was less than successful。 I also liked the discussions about Yellen’s personal life, including her family and her early years。 The discussions about economics were crystal-clear and in plain language。 There was no getting bogged down in economic jargon。 Although the book is thorough, it never gets hung up in unnecessary minutiae。 Part of the strength of the book was that Ullman was able to interview Yellen and members of her family。 It gave great texture to the story。 I was very sad when I finished the book because for several hours I got to know Yellen and then suddenly I had to say good-bye。 Thank you to Netgalley and PublicAffairs for the advance reader copy。 。。。more

Wisconsin Alumni

Owen Ullmann MA’73AuthorFrom the author: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。 Her economic accomplishments are unparalleled in American history。 She is the first woman to head the Federal Reserve, the first woman to become Treasury Secretary and the first person of either gender to hold the top three go Owen Ullmann MA’73AuthorFrom the author: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。 Her economic accomplishments are unparalleled in American history。 She is the first woman to head the Federal Reserve, the first woman to become Treasury Secretary and the first person of either gender to hold the top three government jobs in economics: Fed chair, Treasury secretary and chair of the White House Counsel of Economic Advisers。 。。。more

Melrose's

All throughout reading and listening to this book I didn't searched an image of her and now seeing the cover she isn't the woman I imagined to be which is not necessarily bad its just good to finally put a face to such an amazing woman。 She broke a lot of glass ceiling and I hope a lot of young girls aspired to be just like her or go beyond than her。 All throughout reading and listening to this book I didn't searched an image of her and now seeing the cover she isn't the woman I imagined to be which is not necessarily bad its just good to finally put a face to such an amazing woman。 She broke a lot of glass ceiling and I hope a lot of young girls aspired to be just like her or go beyond than her。 。。。more

Regina Mastrogiacomo

An objective look about Janet Yellen, that covers her life from her childhood to becoming Secretary of Treasury for the United States。 Just Wow。 The book talks to many of her collogues from many aspects of her life and from both parties and they all seem to love her and admire what she does。 After reading the book, I found a very caring individual who is realistic and say it like it is without being confrontational。 It seems she is able to assimilate a lot of information and then is able to info An objective look about Janet Yellen, that covers her life from her childhood to becoming Secretary of Treasury for the United States。 Just Wow。 The book talks to many of her collogues from many aspects of her life and from both parties and they all seem to love her and admire what she does。 After reading the book, I found a very caring individual who is realistic and say it like it is without being confrontational。 It seems she is able to assimilate a lot of information and then is able to inform us in a way that we can understand and she relate to everyone she meets with respect and dignity。 I wish I knew her and I'm glad someone wrote a book that will let the rest of us know her too。I like the little snippets about her personal life too and what she likes to do when she has spare time, like cook gourmet meals and that she has a very supportive family and friends who are always behind her。 This is just a lovely book。 Something else that I have learned from this book is why our economy works so well and it is due to many people behind the scene like Janet Yellen who come up with solutions and come to agreement with many institutions and fellow economist to adjust and change what is happening so that our economy will continue to be strong。 I want to thank PublicAffairs and NetGalley for an advance copy of this amazing book about an amazing women 。。。more