Bernanke Says Pessimists Wrong as Innovation to Spur Growth

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     May 18 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the role innovation has in spurring economic growth. While delivering the commencement address at Bard College at Simon's Rock in Great Barrington, Massachusetts, Bernanke also discussed how technology has led to advancements in health care and impacted the quality of life of Americans. (Source: Bloomberg)

Bernanke Delivers Bard College Commencement Address

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Fed Chairman Ben S. Bernanke

"Pessimists may be paying too little attention to the strength of the underlying economic and social forces that generate innovation in the modern world," said Federal Reserve Chairman Ben Bernanke in a speech. Fed chairman, who didn’t comment on policy or U.S. economic outlook, gave commencement address at Bard College in Great Barrington, MA Bernanke rebutted view of academics such as Northwestern Univ. professor Robert Gordon, who predicted U.S. growth may

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