Yellen: Economics profession can benefit from more diversity

Yellen is the first woman to head the Fed in its 100-year history

yellen-at-committee
Janet Yellen, Fed chair

Federal Reserve chair Janet Yellen wants to promote the need for diversity among economists, with relatively few women and minorities still choosing to major in the subject at university.

"History shows that economies develop and become more stable through diversification," said Yellen, who is the first woman to head the central bank in its 100-year history, speaking yesterday at a conference on diversity in the economics profession, in Washington, DC.

"Did the economics profession recruit and

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