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Ben Bernanke's history of the Federal Reserve and its response to the 2008 financial crisis In 2012, Ben Bernanke, chairman of the U.S. Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges. Bernanke traces the origins of the Federal Reserve, from its inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from other governmental departments such as the Treasury. During this time the Fed grappled with episodes of high inflation, finally tamed by then-chairman Paul Volcker. Bernanke also explores the period under his predecessor, Alan Greenspan, known as the Great M

Who reads The Federal Reserve and the financial crisis : lectures?

Author

Federal reserve system;Bernanke, Ben S

Publisher

Princeton University Press

Published

2013

Language

EN

ISBN

9780691165578

Category

nonfiction

Subjects

Economics, History, Political Science

Rating

4.06 / 5 (151 ratings)

Updated

2026-03-14