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The Courage to Act

A Memoir of a Crisis and Its Aftermath

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The Courage to Act

Von: Ben S. Bernanke
Gesprochen von: Grover Gardner
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In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington's halls of power. There would be no time to celebrate, however - the burst of the housing bubble in 2007 set off a domino effect that would bring the global financial system to the brink of meltdown. In The Courage to Act, Bernanke pulls back the curtain on his efforts to prevent a mass economic failure, working with two US presidents and using every Fed capability, no matter how arcane, to keep the US economy afloat. His experiences during the initial crisis and the Great Recession that followed give listeners an unequaled perspective on the American economy since 2006, and his narrative will reveal for the first time how the creativity and decisiveness of a few key leaders prevented an economic collapse of unimaginable scale.

©2015 Ben S. Bernanke (P)2015 Brilliance Audio, all rights reserved.
Akademiker & Spezialisten Nord-, Mittel- & Südamerika Politik Politik & Aktivismus Politik & Regierungen Wirtschaft Ökonomie
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The audiobook provides an insightful, surprisingly balanced and reflective story of Mr Bernankes time as FED chairman, particularly his handling of the 2008 financial crisis. He reveals how central banks cooperated with other institutions, how discussions were shaped among the experts and what priorities they had during the crisis. Of course some intrinsic motivation to deal with financial markets is necessary to enjoy this book, but it is worth listening to! Grover Gradner narrates it well

Insightful story of the 2008 financial crisis

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