Whether one agreed with him or not, for anyone who values the independence of the Fed, it is important that the chair of the Fed maintain some distance from fiscal policy debates.

He was prescient in appreciating how the [information technology] revolution would lead to an upsurge in productivity at a time when people were having a tough time understanding what all these new computers were doing to us.

He made a bet. I think he was successful. That was a remarkable achievement.

He had a steady hand on the helm which was remarkably valuable for the economy.