The Courage to Act: A Memoir of a Crisis and Its Aftermath

Business & Finance, Economics, Economic History, Biography & Memoir, Business, Political
Cover of the book The Courage to Act: A Memoir of a Crisis and Its Aftermath by Ben S. Bernanke, W. W. Norton & Company
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ben S. Bernanke ISBN: 9780393247220
Publisher: W. W. Norton & Company Publication: October 5, 2015
Imprint: W. W. Norton & Company Language: English
Author: Ben S. Bernanke
ISBN: 9780393247220
Publisher: W. W. Norton & Company
Publication: October 5, 2015
Imprint: W. W. Norton & Company
Language: English

**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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

**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.

More books from W. W. Norton & Company

Cover of the book Everything Else in the World: Poems by Ben S. Bernanke
Cover of the book Space Chronicles: Facing the Ultimate Frontier by Ben S. Bernanke
Cover of the book The Lost World of the Old Ones: Discoveries in the Ancient Southwest by Ben S. Bernanke
Cover of the book The Invisible Classroom: Relationships, Neuroscience & Mindfulness in School (The Norton Series on the Social Neuroscience of Education) by Ben S. Bernanke
Cover of the book The Human Age: The World Shaped By Us by Ben S. Bernanke
Cover of the book Ar'n't I a Woman?: Female Slaves in the Plantation South (Revised Edition) by Ben S. Bernanke
Cover of the book Stormy Weather: A Charlotte Justice Novel by Ben S. Bernanke
Cover of the book New and Selected Poems 1974-1994 by Ben S. Bernanke
Cover of the book Were You Always an Italian?: Ancestors and Other Icons of Italian America by Ben S. Bernanke
Cover of the book True North: Peary, Cook, and the Race to the Pole by Ben S. Bernanke
Cover of the book A Spy Named Orphan: The Enigma of Donald Maclean by Ben S. Bernanke
Cover of the book Home Game: An Accidental Guide to Fatherhood by Ben S. Bernanke
Cover of the book The Anglo Files: A Field Guide to the British by Ben S. Bernanke
Cover of the book Compass: A Story of Exploration and Innovation by Ben S. Bernanke
Cover of the book The Myth of Mirror Neurons: The Real Neuroscience of Communication and Cognition by Ben S. Bernanke
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy