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)
好评!正版!可惜不是软皮……个人喜好!与店家无关……
评分想说的是,这是一本好书!别人让我买的,我并没有看见
评分历史不能遗忘,反思需要经常,借鉴历史,少走弯路
评分好厚的一本,晚上下单第二天早晨送到
评分这书啊,真心的不错,也值这个钱
评分还没有看,看评价还不错,趁着有活动先买回来,以后慢慢看
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。
评分回忆录性质的书,需要看但是不能信,权当做是充实知识面吧。另外,里面的照片真心不错
评分过去的危机是一笔巨大的财富 好好学习才能更好的面对未来
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