Janet Yellen and Mario Draghi have one last job
Can the power of technocracy save the economy? The US treasury secretary and the Italian prime minister have spent decades shaping the economy. They have both spent time controlling the world’s biggest central banks and have both successfully navigated several waves of economic uncertainty in their high-flying roles. But, as Adam Tooze analyses, the pandemic has brought on the perfect challenge to test their years of centrist expertise. Janet Yellen is the first woman to lead the US Treasury Department and will control the most audacious round of stimulus in modern times. The Italian Prime Minister, Mario Draghi, is set with the challenge of returning Italy to growth. Will they be up to the task?
From Foreign Policy