“We very, very much did not want to make the loan,”
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Ben Shalom Bernanke is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the 2008 financial crisis, for which he was named the 2009 Time Person of the Year. Before bec…
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politics · American economist (born 1953) · economist · politician · professor · banker · teacher · university teacher · also Ben Bernanke, Ben Shalom Bernanke, Benjamin Shalom Bernanke, Benjamin Bernanke, Bernanke
Born 13 December 1953 · Q201795
47 published statements · 0 followers
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“We very, very much did not want to make the loan,”
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U.S. Senate (.gov): A favor de Ben Bernanke
Public attention spiked: 2,793 Wikipedia readers in one day, 5.7× the usual 491, with 0 article edits.
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Public attention spiked: 13,786 Wikipedia readers in one day, 28.1× the usual 491, with 0 article edits.
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The New York Times: Ben Bernanke
Yahoo Finance: Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'
Awarded the Nobel Prize in Economic Sciences — for research on banks and financial crises.
New York Post: A Nobel? Ben Bernanke belongs in the Economics Hall of Shame
New York Post: Ben Bernanke getting Nobel Prize is panned as ‘drunkest decision of all time’
Awarded Prize in Economic Sciences in Memory of Alfred Nobel (2022).
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MarketWatch: Bitcoin won’t become ‘an alternative form of money,’ or a store of value, says Ben Bernanke
His latest book titled 21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19, where he assesses the successes as well as failures of the Federal Reserve since its inception
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Bernanke was awarded the Nobel Memorial Prize in Economic Sciences along with Philip H
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Was awarded the BBVA Foundation Frontiers of Knowledge Award in the category "Economics, Finance and Management"
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It was announced publicly that Bernanke will work with Citadel, the $25 billion hedge fund founded by billionaire Kenneth C
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Bernanke testified in Starr v
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Awarded Adam Smith Award (2014).
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When he was succeeded by Janet Yellen on February 3, 2014
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By President Obama and confirmed by the United States Senate on January 6, 2014
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“Remarks by the President in Nominating Dr. Janet Yellen as Chair of the Board of Governors of the Federal Reserve System”
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After being renominated by President Barack Obama, who later referred to him as "the epitome of calm
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By a 70–30 vote of the full Senate, the narrowest margin, at the time, for any occupant of the position
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Several senators from both parties indicated they would not support a second term
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President Obama announced he would nominate Bernanke to a second term as chairman of the Federal Reserve
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With Bernanke testifying that he did not bully Lewis
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The Wall Street Journal reported that Bernanke was a victim of identity theft, a spreading crime the Federal Reserve has for years issued warnings about
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Was named the Time magazine person of the year
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The South Carolina Department of Transportation (SCDOT) Commission approved a resolution on February 21 to name Exit 190 along Interstate Highway 95 in Dillon County the Ben Bernanke Interchange
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Paulson told Lewis that he and the board would be replaced if they invoked the MAC clause and additionally not to reveal the extent of the losses to shareholders
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Also made Ben Bernanke create a pseudonym, Edward Quince
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Many economists urged Bernanke (and the rest of the Federal Open Market Committee) to lower the federal funds rate below what it had done
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Bernanke began a fourteen-year term as a member of the Federal Reserve Board of Governors and a four-year term as chairman
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Career landmark: Chair of the Federal Reserve (2006–2014).
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Career landmark: Chair of the Council of Economic Advisers (2005–2006).
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Bernanke coined the term saving glut, the idea that relatively high level of worldwide savings was holding down interest rates and financing the current account deficits of the United States
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Bernanke gave a speech in which he postulated that we are in a new era called the Great Moderation, where modern macroeconomic policy has decreased the volatility of the business cycle to the point that it should no long
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Following coverage of concerns about deflation in the business news, Bernanke gave a speech about the topic
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“Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna [Schwartz, Friedman's coauthor]: Regarding the Great Depression, you're right. We did it. We're very sorry. But thanks to you, we won't do it again.”
Awarded Guggenheim Fellowship (1999).
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Awarded Fellow of the Econometric Society (1997).
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“To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.”
Where Bernanke's children attended the local public schools
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After completing and defending his dissertation, Long-Term Commitments, Dynamic Optimization, and the Business Cycle
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Studied at Harvard University (1971–1975).
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Where he lived in Winthrop House, as did the future chief executive officer of Goldman Sachs, Lloyd Blankfein, and graduated Phi Beta Kappa with an A
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Studied at Dillon High School (1971).
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Born 1953-12-13.
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