A New York Times Bestseller
An unrivaled look at the fight to save the American economy.
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.16 pages of photographs
"Sinopsis" puede pertenecer a otra edición de este libro.
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. Prior to his career in public service, he was a professor of economics at Princeton University.Review:
“Revelatory...the book sheds light on many of the smaller dramas that hang over this crucial period of world economic history.”
- New York Times
“Undoubtedly the best account we will ever have of how government and financial institutions dealt with what has come to be known as the Great Recession.”
- New York Times Book Review
“A careful, detailed, and exceptionally clear justification for the Fed’s aggressive actions to avert another Great Depression and resuscitate the American economy.”
- Washington Post
“Bernanke’s insights are instructive about what went wrong and how to keep it from happening again.”
- Los Angeles Times
“A fantastic and reasonably accessible introduction to the economic thought of a former Federal Reserve Chair.”
“A fascinating account of the effort to save the world from another catastrophe [like the Great Depression].... Under Bernanke’s chairmanship, the Fed, whatever its pre-crisis mistakes, helped save the U.S. and the world from a disaster. Humanity should be grateful.”
- Martin Wolf, The Financial Times
"Sobre este título" puede pertenecer a otra edición de este libro.
Descripción Norton, 2015. Hardcover. Estado de conservación: New. New Condition, Hardcover Book, Nº de ref. de la librería 1710020040
Descripción W. W. Norton & Company, Inc. Estado de conservación: New. Inventory is subject to prior sale. SHIPPING: Only Standard shipping to PO Boxes. We are not able to ship to APO/FPOs or Internationally. Orders are shipped from Illinois. Nº de ref. de la librería 6090898N1
Descripción W. W. Norton & Company 2015-10-06, 2015. Hardcover. Estado de conservación: New. Hardcover. Publisher overstock, may contain remainder mark on edge. Nº de ref. de la librería 9780393247213B
Descripción W. W. Norton & Company, 2015. Hardcover. Estado de conservación: New. HARDCOVER, BRAND NEW, Perfect Shape, No Remainder Mark,Fast Shipping With Online Tracking, International Orders shipped Global Priority Air Mail, All orders handled with care and shipped promptly in secure packaging, we ship Mon-Sat and send shipment confirmation emails. Our customer service is friendly, we answer emails fast, accept returns and work hard to deliver 100% Customer Satisfaction!. Nº de ref. de la librería 9040315
Descripción Norton, 2015. Hardcover. Estado de conservación: New. Hardcover and dust jacket. Fine binding and cover. Clean, unmarked pages. Ships daily. Nº de ref. de la librería 1705110010
Descripción Estado de conservación: New. Gift Quality Book in Excellent Condition. Nº de ref. de la librería 36SDH6000I0W
Descripción Norton, 2015. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería M039324721X
Descripción U.S.A.: W. W. Norton & Company, 2015. Hardcover. Estado de conservación: New. 1st Edition.... 10314 Language: eng Language: eng Language: eng Language: eng. Nº de ref. de la librería N-104A
Descripción WW Norton Publishers. Estado de conservación: New. Brand New. Nº de ref. de la librería 039324721X
Descripción W W Norton and Co Inc, 2015. HRD. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería KB-9780393247213