{"product_id":"the-courage-to-act-a-memoir-of-a-crisis-and-its-aftermath-9780393247213","title":"The Courage to Act: A Memoir of a Crisis and Its Aftermath","description":"\u003cp\u003eIn 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.\u003c\/p\u003e\u003cp\u003eThere would be no time to celebrate.\u003c\/p\u003e\u003cp\u003eThe 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.\u003c\/p\u003e\u003cp\u003eWorking 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.\u003c\/p\u003e\u003cp\u003eRich with detail of the decision-making process in Washington and indelible portraits of the major players, \u003ci\u003eThe Courage to Act\u003c\/i\u003e 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.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e W. W. Norton \u0026amp; Company\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/05\/2015\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780393247213\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 624\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.40lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.40h x 6.30w x 1.90d\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eReview Citations: \u003c\/strong\u003e\u003ci\u003eLibrary Journal Prepub Alert\u003c\/i\u003e 06\/01\/2015 pg. 72\u003cbr\u003e\u003ci\u003eNew York Times Book Review\u003c\/i\u003e 10\/25\/2015 pg. 1\u003cbr\u003e\u003ci\u003ePublishers Weekly\u003c\/i\u003e 11\/02\/2015\u003cbr\u003e\u003ci\u003eLibrary Journal\u003c\/i\u003e 06\/01\/2015\u003cbr\u003e","brand":"Ben S. Bernanke","offers":[{"title":"Default Title","offer_id":36636862120092,"sku":"9780393247213","price":29.75,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_0aea55a3-b862-4db4-b6b0-3a33091c876d.jpg?v=1603843187","url":"https:\/\/pastforward.org\/products\/the-courage-to-act-a-memoir-of-a-crisis-and-its-aftermath-9780393247213","provider":"Past Forward","version":"1.0","type":"link"}