Rumors are swirling about President Obama’s impending decision of who will be the next chair of the Federal Reserve. The consensus is that the race is down to two candidates: former Treasury Secretary Larry Summers and current Fed vice chair Janet Yellen (three if you count former Fed vice chairman Donald Kohn, who Annie Lowrey says is the dark horse in the race). The following are some of the most compelling arguments from around the web for and against both candidates:
“With the exception of certain commentators who get paid ostensibly to act like inveterate morons, nobody has doubted Janet Yellen’s record of analytical prescience in the past decade”. -Cardiff Garcia, FT Alphaville
Just got a Pandora ad urging me to go to a website and report software piracy. Hahahaha. No.
I had a little bit more complicated interaction with the Taxi and Limousine Commission court than Josh Barro.
Back in May, I was riding my bike home from work when a cab driver got really upset when I moved out of the bike lane to pass another cyclist, blocking him from accelerating quickly toward the impending red light.