Alice Rivlin
Alice Rivlin
Alice Mitchell Rivlinis an economist and former U.S. Federal Reserve and budget official. She served as Vice Chair of the Federal Reserve, Director of the White House Office of Management and Budget, and founding Director of the Congressional Budget Office. Rivlin is an expert on the U.S. federal budget and macroeconomic policy. She is a senior fellow at the Brookings Institution and visiting professor at Georgetown University. Rivlin also co-chaired, with former Senator Pete Domenici, the Bipartisan Policy Center’s Debt...
NationalityAmerican
ProfessionEconomist
Date of Birth4 March 1931
CountryUnited States of America
I wouldn't expect him to do anything different than Greenspan - certainly not at the beginning.
No one's really worried about inflation right now.
What he's likely to do is to continue writing and speaking, as he has done to some extent at the Fed, and pursuing his interests in economics, which are very intense, ... He loves working with data and thinking of new ideas about the economy. I suspect we will get some of that, and in some ways, he'll be a little bit freer to speak.
It's a technical, fairly difficult job that has no particular political connotations, so I doubt there are any big campaign contributors dying to be on the Fed. And remember, it doesn't pay very well, certainly by Republican standards.
it will be a good long time before there's upward pressure on prices or wages.
The remarkable thing about the U.S. is that for so long we were so big, and we were not heavily engaged. We have to worry about global financial crises affecting our economy.
The situation now is really very different from the 1980s.
The most nervous-making point at the moment is Brazil, ... The international economy rallied around Brazil and hopes very much the Brazilians will be able to fulfill their part of the bargain with the IMF (International Monetary Fund) and keep their economy from going under.
Well, it was hard to find anybody, but I called my high school boyfriend and said, 'Can you tell the FBI what I was doing in the summer of '52?' And he said, 'Sure, if you'll remind me.' And I did, and he did, and -- that was fine.
We hope the report won't sit on the shelf somewhere but that it actually gets into the currency of political thinking. With the mayor and council races coming up next year, I think there's a good chance that it will.
One would hope that you would have a CBO director who does not let ideology get in the way of making good estimates, [Congress] values having a credible institution that they can rely on to give them the best estimates possible.
If simple, painless solutions to public problems existed, they would have been found long ago.
Politicians pay more attention to interest groups than to the public interest.