Chairman of the Economic Recovery Advisory Board; former chairman of the Federal Reserve
Commencement Speeches: 10
“I cannot deny that attractive options open to earlier law school classes are more difficult today. At the same time, there’s clearly no shortage of work to be done, work for which those with legal training, an inquiring mind, and a yen for service are well suited. I referred a moment ago to the change in national mood. Hard times force new thinking. There is today better appreciation of the need for financial prudence, surely.
More broadly, there is a greater understanding of the need for more effective, more efficient, more responsive government whether national, state, or local. And I can say more than any time in recent memory, more than any time in decades, young men and women are respondent. I hope a fair share of you here today, despite all the obstacles, will want to participate in public service. Ready, willing and certainly able to participate the rebuilding of our economy and the strength of our nation. There may be no greater source of pride and personal satisfaction than to participate in that effort.”
—Brooklyn Law School, 2009