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)
关于金融危机的客观回顾和分析,伯南克素以冷静著称,在这本书中,他将这一特点发挥得淋漓尽致
评分很好!书的质量很好,京东的物流就是好!大赞!
评分次贷危机时任的美联储主席。本书是很好的回忆录,可以和保尔森的回忆录放在一起看。能把我们带回到那段动荡的金融岁月,以不同常人的眼光看待这段历史。
评分不小心多买了一本,但考虑内容很不错,准备送朋友了
评分印刷精美,包装很好,送货很快,京东正版值得支持。
评分行动的勇气!看看老美是怎么解决一系列金融问题的,应该不是靠印钞票!
评分买了一大堆书,搞活动还是京东力度大,很优惠,书的质量也很好。
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
评分朋友推荐,一本值得拥有的好书,历史会告诉我们未来
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