The courage to act

The courage to act - Ben S. Bernanke

Review "Mr Bernanke's narrative of his time in office is a lucid, analytical affair... the book provides a robust defence of the Fed's response to the crisis. Mr Bernanke clearly sees himself as someone who did what was necessary to save the economy from disaster, in the face of a barrage of unwarranted criticism. The result is a book which compels..." -- The Economist "Of the many accounts of the financial crisis of 2007-2009, this is by far the best...Bernanke's memoir is a crucial document of records that will be invaluable to future historians. As far as any memoir can be, it is an honest and accurate account." --Mervyn King, Prospect "Bernanke details the hurdles he faced, from cynically obstructive congressmen to obstreperous regulators and quarrelsome interest rate hawks, as well as hapless policymaking in Europe. During much of the panic, he writes: The Fed alone, with its chewing gum and baling wire, bore the burden of battling the crisis. The guts of his story are familiar. It is well narrated with regular flashes of colour..." -- Financial Times