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Ebook The Courage to Act: A Memoir of a Crisis and Its Aftermath by Ben S. Bernanke read! Book Title: The Courage to Act: A Memoir of a Crisis and Its Aftermath
The author of the book: Ben S. Bernanke
Edition: Brilliance Audio
Date of issue: May 2nd 2017
ISBN: 1536667552
ISBN 13: 9781536667554
City - Country: No data
Loaded: 2461 times
Reader ratings: 7.9
Language: English
Format files: PDF
The size of the: 6.60 MB

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A New York Times Bestseller

“A fascinating account of the effort to save the world from another [Great Depression]. . . . Humanity should be grateful.”—Financial Times

In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, the unexpected apex of a personal journey from small-town South Carolina to prestigious academic appointments and finally public service in Washington’s halls of power.

There would be no time to celebrate.

The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities of the global financial system, bringing it to the brink of meltdown. From the implosion of the investment bank Bear Stearns to the unprecedented bailout of insurance giant AIG, efforts to arrest the financial contagion consumed Bernanke and his team at the Fed. Around the clock, they fought the crisis with every tool at their disposal to keep the United States and world economies afloat.

Working with two U.S. presidents, and under fire from a fractious Congress and a public incensed by behavior on Wall Street, the Fed—alongside colleagues in the Treasury Department—successfully stabilized a teetering financial system. With creativity and decisiveness, they prevented an economic collapse of unimaginable scale and went on to craft the unorthodox programs that would help revive the U.S. economy and become the model for other countries.

Rich with detail of the decision-making process in Washington and indelible portraits of the major players, The Courage to Act recounts and explains the worst financial crisis and economic slump in America since the Great Depression, providing an insider’s account of the policy response.


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Ebook The Courage to Act: A Memoir of a Crisis and Its Aftermath read Online! Ben S. Bernanke served as chairman of the Federal Reserve from 2006 to 2014. He was named Time magazine’s Person of the Year in 2009 and was a professor of economics at Princeton University prior to his career in public service.


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