Andrew Levin is a professor of economics at Dartmouth College and a former Federal Reserve Board economist. For two years, he worked as a special adviser to Chairman Ben Bernanke and Vice Chair Janet Yellen. He joins the podcast to discuss his experiences at the Fed and the need for more accountability. His ideas include increasing transparency, setting term limits, and fostering diversity of thought and background among its members. David's Twitter: @DavidBeckworth Andy Levin's Twitter: @AndrewTLevin David's blog: http://macromarketmusings.blogspot.com/ Andy Levin's bio: http://www.dartmouth.edu/~alevin/ Related links: Dartmouth College Q&A with Professor Andy Levin http://www.thedartmouth.com/article/2016/09/qa-with-economics-professor-andrew-levin How Andy proposes to reform the Fed: http://www.businessinsider.com/andrew-levins-4-radical-fed-changes-2016-4 http://www.bloomberg.com/politics/articles/2016-04-11/former-yellen-adviser-proposes-sweeping-reform-of-fed-system http://www.wsj.com/articles/former-fed-adviser-activists-lay-out-a-plan-for-change-at-the-fed-1460400788 https://www.federalreserve.gov/monetarypolicy/fomchistorical2008.htm

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“What did the council decide on item 42?” — answered with the speaker and the moment.