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Since 1985, she is a [[Professor values|Professor]] at the [[leftist]] [[University of California, Berkeley]].
Since 1985, she is a [[Professor values|Professor]] at the [[leftist]] [[University of California, Berkeley]].
Judy Shelton of ''The New York Sun'' reported on a 1996 Federal Reserve Board meeting in which Yellen argued for inflation:
{{quotebox-float|She proceeded to tell Mr. [[Alan Greenspan|Greenspan]] and her colleagues around the table about a survey posed to a random sample of Americans by Yale economist Robert Shiller to measure their aversion to inflation.<br>
The survey asked respondents whether they agreed with the statement: “I think that if my pay went up, I would feel more satisfaction in my job, more sense of fulfillment, even if prices went up just as much.” Ms. Yellen reported that 28 % fully agreed and another 21% partially agreed. “Only 27 percent completely disagreed,” she observed, “although I think it will comfort you to learn that in a special subsample of economists, not one single economist Shiller polled fully agreed and 78% completely disagreed.”<br>
The transcript notes parenthetically that this last aside prompted laughter in the Fed boardroom. Get it? Economists don’t fall for that inflation ruse — only ignorant workers.<ref>https://www.nysun.com/national/the-moment-janet-yellen-moved-for-greasing/91543/</ref>}}
==References==
==References==