Johan Van Overtveldt
Bernanke's Test: Ben Bernanke, Alan Greenspan, and the Drama of the Central Banker
Издательство: Agate, 2009 г.
1932841377
Книгопечатная продукция
Объем: 288 стр.
The consensus on Alan Greenspan`s performance as Fed chair used to be extremely positive, but more and more it`s been called into question. Now, 2008 has seen Ben Bernanke in the eye of a storm that was created largely during Greenspan`s tenure. His management of the bubble of all bubbles will be a decisive factor in whether this crisis will be limited in its impact on the real economy or whether it directly leads to a major recession. This is Bernanke`s Test.In examining the challenges facing Bernanke, author Johan Van Overtveldt reviews Greenspan`s long record as Fed chair, as well as Ben Bernanke`s career as an economist prior to replacing Greenspan. The book offers much-needed historical context by exploring the role and reach of the central banker, and how former Fed chairmen - Benjamin Strong, William McChesney Martin, Arthur Burns, and especially Paul Volcker - dealt with the same complex issues Bernanke faces today.
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