Up next .. Yellen
“In Efficiency Wage Models of the Labor Market, Akerlof and coauthor Janet Yellen (his wife) propose rationales for the efficiency wage hypothesis in which employers pay above the market-clearing wage, in contradiction to the conclusions of neoclassical economics.”
GEITHNER FIRM HE WILL NOT BE CONSIDERED FOR FED ROLE, WSJ SAYS— zerohedge (@zerohedge) September 16, 2013