Fischer: economics needs more diversity

Fed vice-chair says economics would benefit from more ethnic and gender diversity

Stanley Fischer - Bank of Israel
US Federal Reserve vice-chair Stanley Fischer

Economics would benefit from the greater diversity of perspectives that would be offered by a greater proportion of female, black and Hispanic economists, US Federal Reserve vice-chair Stanley Fischer said on September 27.

"Our profession currently is not very diverse, but it needs to be," Fischer said in a speech at Howard University in Washington, DC. Only around one-quarter of tenured US academics are women, and only around 5% are African-American or Hispanic.

"In my own experience, economic

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