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
“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)
“Revelatory…the book sheds light on many of the smaller dramas that hang over this crucial period of world economic history.” (New York Times)
“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.” (Vox)
“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)
看看人家是怎么处理危机的
评分书很棒,美联储百年历史的唯一一位女掌门耶奶奶的著作,对投资外汇的小伙伴来说是非常值得一读的。
评分此用户未填写评价内容
评分只有7万字,短了点。不过是一篇很好的经济分析论文。
评分东西不错,质量也挺好,物流速度也可以,服务态度也不错,希望京东进一步加快速度,更多的东西支持当天到
评分书很好,京东快递很快。
评分非常好的书籍,套装正好一次买很多,难易正好!在京东的书已经多次购买了!多看看没有坏处!
评分一直在京东购物,信赖京东,物流超快,服务很好
评分京东品质值得信赖。但他毕竟是一个平台。希望他对产品本身的质量有更好的约束力。
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