The Courage To Act: A Memoir of a Crisis and Its Aftermath

Posted December 4, 2021

In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve. 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. 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.