Recommendations from our site
“Probably his most important contribution in terms of macroeconomics and financial economics.” Read more...
The best books on The Lessons of the Great Depression
Robert Barro, Economist
“Bernanke’s focus turned out to be incredibly important. It started a whole literature on how credit matters, above and beyond what’s reflected in interest rates. He changed our view of how monetary policy affects the economy. That idea had a huge impact on the Federal Reserve’s behaviour in the most recent crisis. In response to the financial crisis in the fall of 2008, the Fed not only followed the conventional central bank remedy – flood the system with liquidity and make sure there’s plenty of cash out there – but they also took extraordinary actions to keep credit flowing. “ Read more...
The best books on Learning from the Great Depression
Christina Romer, Economist
Our most recommended books
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The Big Short
by Michael Lewis -
The Wealth and Poverty of Nations
by David S Landes -
The Worldly Philosophers
by Robert L Heilbroner -
The Passions and the Interests
by Albert Hirschman -
A Monetary History of the United States, 1867-1960
by Milton Friedman and Anna Schwartz -
Nudge
by Cass Sunstein & Richard Thaler
