Firefighting: The Financial Crisis and Its Lessons

by Ben S. Bernanke

2021-05-28 11:22:16

"Should be required reading for all policy makers.” —Warren BuffettFrom the three primary architects of the American policy response to the worst economic catastrophe since the Great Depression, a magnificent big-picture synthesis--f... Read more
"Should be required reading for all policy makers.” —Warren Buffett

From the three primary architects of the American policy response to the worst economic catastrophe since the Great Depression, a magnificent big-picture synthesis--from why it happened to where we are now.


In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis ten years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provide to their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises. Firefighting provides a candid and powerful account of the choices they and their teams made during the crisis, working under two presidents and with the leaders of Congress. Less

Book Details

Publication date April 16, 2019
Languageeng
ISBN9780143134480
Ben S. Bernanke served as chairman of the U.S. Federal Reserve from 2006 to 2014. He has also served as chairman of the President's Council of Economic Advisors and as a member of the Board of Governo...

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