Michael Wolff: Fed battle is all about gender

Article here. Excerpt:

'The public bake-off between the economists Lawrence Summers and Janet Yellen for the job of chairman of the Federal Reserve has boiled down, practically speaking, to discriminatory hiring practices

Janet Yellen's stand-out credential is that she is a woman.

Larry Summers' main drawback — or, certainly, among his most conspicuous characteristics — is that he is not.

You would have to be a naïf or dissembler of remarkable proportions not to see every argument for or against these candidates — and you might read each of these arguments as forms of letters of recommendation by their various sponsors — as reducible to a gender debate.'

Like0 Dislike0