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

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Book Synopsis: Named one of Investopedia's 7 Best Economics Books of 2022The 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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Empathy Economics: Janet Yellen’s Remarkable Rise to Power and Her Drive to Spread Prosperity to All is an absolute must-read for anyone interested in understanding the impact of economics on society. This groundbreaking book tells the incredible story of Janet Yellen, a true trailblazer who has shattered glass ceilings throughout her career. As the first woman to hold all three top economic policy jobs in the United States, Yellen's achievements are awe-inspiring. Her commitment to putting those on the bottom half of the economic ladder at the center of economic policy is something to be admired.

What sets Yellen apart from others in her field is not only her brilliance and meticulous preparation, but her relentless determination to create a more prosperous and productive life for everyone. She firmly believes that empathy should be at the core of economic decision-making, and that the power of government should be harnessed to benefit all segments of society, especially those who have been historically marginalized.

In a world of fierce political combat and polarization, Yellen's ability to maintain humanity is refreshing. She is a beacon of hope and progress, much like the late Ruth Bader Ginsburg. Yellen's compassionate approach to economics sets her apart from the cold, male-dominated profession that is often focused on benefiting the wealthy. Her humility and compassion are not just buzzwords, but values deeply ingrained in her upbringing.

Empathy Economics sheds light on the significant influence of Yellen's father, a physician who believed in a pay-what-you-can philosophy and never turned anyone away. This compassion, nurtured in Yellen's upbringing in Brooklyn, now extends nationwide. It is evident in her tireless work to create policies that uplift the most vulnerable members of society.

If you want to gain a deeper understanding of economics through the lens of empathy and social justice, Empathy Economics: Janet Yellen’s Remarkable Rise to Power and Her Drive to Spread Prosperity to All is the book for you. Take this opportunity to discover Yellen's extraordinary journey and the impact she has made on economic policy. Get your copy now.

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