Janet Yellen + Mr. Janet Yellen: Total Power Couple

Janet Yellen was finally confirmed as the Federal Reserve Chair, which means she and her flawless bob will be gracing the cover of this week’s TIME. Of course the main question on many peoples’ mind, right after, um, banking reform and the housing crisis and the whole “So how’s the economy?” thing, is CAN WOMEN HAVE IT ALL, vis-à-vis Janet Yellen and her husband George Akerlof:

Yellen is a brilliant mathematician and has been uncannily accurate in her economic forecasts, including predicting the sub-prime crisis well before 2008. But there are other smart economists and shrewd forecasters; it’s hard to find a comparable example of a power couple. Yellen is married to Nobel laureate George Akerlof, who teaches economics at U.C. Berkeley; their son Robert, 32, is an economics professor at the University of Warwick in the UK. In her interview with Rana, Yellen described her husband as “a completely full partner” over the course of their marriage, down to the diapers and dishes. “I think if you counted up how many hours each one of us logged in, he certainly gets more than 50 %,” she said.

Well, if we had to ask our Fed Chair how many diapers she did when her adult son was a baby THIRTY YEARS AGO, at least we got a good answer.

Photo: Global X

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7 Comments / Post A Comment

gyip (#4,192)

*facepalm*

gyip (#4,192)

@gyip Also, I don’t know what that sentence is REALLY trying to get at (besides sexism). Is it that other smart economists and shrewd forecasters are frequently sad singletons?

Is it unusual that couples frequently have similar professional/intellectual capabilities and accomplishments? Or to say that there are tons of smart people out there, but man, sometimes they’re married to deeeeead weight? I feel like professorial types being married to other professors actually seems sort of normal.

gl (#5,458)

@gyip Is it to underscore that even though she just got confirmed, he has the Nobel and therefore is the real superstar?

Like, god, the opening of the second sentence: “But there are other smart economists and shrewd forecasters” … I mean … what … what … and then to follow that by talking about how great her husband and son are … I mean, yes! They are probably great! But do you really have to undercut her accomplishments to say that?!

gl (#5,458)

“When my colleague Rana Foroohar returned from her interview with new Fed Chair Janet Yellen, I couldn’t decide what to ask her about first. How fast does Yellen think the economy will grow this year? Can anyone really write rules to keep the global financial system from melting again? And how does family life work between a Nobel Prize winning economist and the most powerful economic policymaker on earth?”

Hahahahahahahahahaha, what. One of these is not like the others.

Not that issues regarding women in the workplace & women often bearing the burden of a second shift in the home aren’t important — they are! — or relevant to the health of the economy and workforce — they are! — but … rly?! This wasn’t even about policies that Yellen supports or not regarding these issues! It was about the fact that her hubby is a Nobel laureate and still changed diapers. UG.

Caitlin with a C (#3,578)

@gl Follow-up interview: how DID he manage to change diapers while holding that medal?

Caitlin with a C (#3,578)

The more seconds I have to let this article sink in, the stronger my urge to vomit everywhere.

SmallTown (#5,718)

“…and has been uncannily accurate in her economic forecasts, including predicting the sub-prime crisis well before 2008.”

Absolute horseshit.
From a NYT article in 2010:

“For my own part,” Ms. Yellen said, “I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.”

http://www.zerohedge.com/news/2013-08-14/janet-yellen-financial-crisis-i-didn%E2%80%99t-see-any-coming-until-it-happened

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