Fed’s Yellen Says Diversity Would Improve Economics Profession

Federal Reserve Chair Janet Yellen said attracting more women and minorities to the study of economics could make the profession better prepared to deal with future threats and crises.

“When economics is tested by future challenges, I hope that our profession will be able to say that we have done all we could to attract the best people and the best ideas,” Yellen said today in the text of remarks prepared for delivery at a conference on diversity in the economics profession in Washington.