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)
宝贝很好哦 很喜欢 全新正版 京东真的很好 各方面都很棒
评分简单通俗易懂,非常好的行为经济学的阅读材料,很好!
评分包装精美,内容也很精彩,角度很独特
评分不知道为什么,最近喜欢上了传记,一本一本的读,很快时间就过去了,钱也没了
评分想说的是,这是一本好书!别人让我买的,我并没有看见
评分还没有看到货速度很快书质量不错
评分很好的一本金融类书,伯大爷在2008年金融危机之后也是个人物。
评分这本书的墨迹有点淡了,但是内容还是不错的,正在看,值得推荐。
评分58页,把911居然写成了个2011年9月11日,真是服了,这么大的一个出版社,这么严重的错误,这校对真是太对不起这本书的价格。其他还在读,总体内容还行,但这样的错误实在太低级了。
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