Bernanke, Bank Bailouts, and the Economics Nobel

Ben Bernanke wrote a paper about the part banks plays in financial crises back in 1983. That research was crucial in 2008 when the Fed made the contentious choice to save the big banks. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Bernanke and two colleagues yesterday forContinue reading “Bernanke, Bank Bailouts, and the Economics Nobel”