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How Economics PhDs Took Over the Federal Reserve

Harvard Business Review

What wasn’t really up in the air was whether the new head of the world’s most powerful central bank would have a doctorate in economics. Yellen, whose first workday as chair ( the Senate confirmed her as “chairman,” but the Fed seems committed to leaving the “man” out ) is today, got her PhD at Yale.

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There's No Formula for Fixing Detroit, and That's a Good Thing

Harvard Business Review

They''ve also been troubled, and Cleveland even defaulted on some bank loans in the late 1970s. Bankruptcy is, after all, a way to get out from under past commitments that they had nothing to do with. Among America''s ten biggest cities in 1950, two others — Cleveland and St. Entrepreneurs. million square feet.