Ben Bernanke Blog

A few weeks ago, when I was at a friend's apartment it got late and I requested a Uber on their app. My friend lives in an apartment complex that has many buildings in a secluded area. There is however, only one road that leads into the area. That main road then leads to multiple roads that go to different apartment buildings.  My phone died shortly before the Uber's estimated time of arrival so I decided to wait outside. After a while no one came to pick me up. I stood in the street looking for any cars driving by worrying that they went to the wrong apartment building.  After waiting for around 5 minutes a car finally started driving by me, but from a different apartment building heading towards the main road to leave the area. I ran them down and they stopped. I asked if they were my Uber and they said yes. Without thinking, I hopped in the car and buckled my seat belt. However, my Uber driver explained to me she had already cancelled the Uber because she couldn't find m...

University Housing Dining Hall My second semester freshman year I worked for two of the dining halls, PAR and FAR, at the University of Illinois at Urbana-Champaign. The dining hall is an organization apart of the much larger organization of university housing at Illinois. I will focus on the organization of the dining hall. The dining hall is built around a structure that hires two different type of workers. The first part of the organization starts with student workers who usually live in the dorms.  At the top of this part of the organization there is a manager for student workers who is in charge of hiring and managing student workers. For the semester that I was hired and worked for the student manager, he seemed to be using a gift exchange model. He was very devoted to the interests of the students themselves. He worked very had to accompany the demanding flexibility that student workers need. He would often times go out of his way to help student workers. For example, when...

Ben Bernanke is an American Economist who was born on December 13, 1953. Bernanke went to Harvard University where he received his Bachelors and Masters degree. He then got his Ph. D. from MIT in 1979. Bernanke was a professor at Stanford, but eventually became a tenured professor at Princeton University in the Department of Economics. Bernanke is well known for being the chairman of the Federal Reserve system from 2006 to 2014. During his first term Bernanke worked to stabilize the economy during the Great Recession of 2008. Many sources including, Time magazine and former President Barack Obama, have praised Bernanke for his response to the financial crisis. Bernanke is also well known for his work on the Great Depression which influenced his decision to lower interest rates to 0 in response to the financial crisis of the Great Recession. His legacy as chairman is still left to interpretation as the future is uncertain. However, there is a limit as to how much of his works can be ...

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