Lisa D Cook: Important questions for economic research Speech by Ms Lisa D Cook, Member of the Board of Governors of the Federal Reserve System, at the Carroll Round Keynote Speech, Georgetown University McDonough School of Business, Washington DC, 21 April 2023. *** Good evening.
But history has shown us that successful economies need time to develop sustainably.2 They need time to develop the human and social capital that is the foundation of every successful economy, time to grow and nurture their natural capital, and time to build the financial and physical capital that is foundational to improving living standards.