Ben bernanke biography jewish new year

Of the many accounts of the financial crisis of 2007-09, this is by far the longest, best and most detailed from an American policymaker at the centre of the earthquake. Unlike many instant memoirs, it will be of great use to future historians and scholars. Ben Bernanke was Chairman of the Federal Reserve Board through the crisis and its aftermath, leaving office in early 2014. His book is written in a straightforward style that reflects his ability to explain complex events in a way that is easy to follow. There are no fireworks nor unexpected revelations, but that is not Bernanke’s style. More importantly, it is an honest account.

Bernanke writes well and movingly about his upbringing in Dillon, South Carolina, his Jewish family and his passage from academic life to the international financial stage. As an academic, Bernanke carried out important and insightful research into the role of credit in shaping the ups and downs of the business cycle, and became an expert on the history of the Great Depression and the wave of bank failures that were one of its principal causes.

Before the crisis, Bernanke set out to create a more consensual style and atmosphere on the Federal Open Market Committee (the FOMC, the US equivalent of the Bank of England’s Monetary Policy Committee). H

•

Ben Bernanke at the helm of the Federal Reserve

In the first half of the 60s, Ben Shalom Bernanke, son of Phillip and Edna, was a teenager who helped with services at the small synagogue in Dillon, a city today with 6 inhabitants located in the North American state of South Carolina in the United States. .

Four decades later, Bernanke, considered by many a disciple of the famous economist and Nobel Prize winner Milton Friedman, took charge of the Federal Reserve, the central bank of the United States. The new Fed president's mission, which began in January, is challenging: in addition to being at the helm of the largest economy on the planet, he succeeded Alan Greenspan, who spent 18 years in office and left carrying the aura of having been, in the opinion of several analysts, the best professional to direct the North American central bank.

Therefore, comparisons between Greenspan and Bernanke are inevitable, both from a professional and personal point of view. In the economic field, the new Fed president, who inherited a growing economy since the end of 2001, basically promised to follow his predecessor's approach, highlighting, for example, the importance of keeping inflation at low levels under control.

President George W. Bush, in appointing Bernanke, signaled that h

•

Ben Bernanke

American economist (born 1953)

Ben Bernanke
Bernanke bother 2008
In office February 1, 2006 – January 31, 2014
President	George W. Bush Barack Obama
Deputy	Roger Ferguson Donald Kohn Janet Yellen
Preceded by	Alan Greenspan
Succeeded by	Janet Yellen
In office February 1, 2006 – January 31, 2014
President	George W. Bush Barack Obama
Preceded by	Alan Greenspan
Succeeded by	Stanley Fischer
In office July 31, 2002 – June 21, 2005
President	George W. Bush
Preceded by	Edward W. Kelley Jr.
Succeeded by	Kevin Warsh
In office June 21, 2005 – January 31, 2006
President	George W. Bush
Preceded by	Harvey Rosen
Succeeded by	Edward Lazear
Born	Ben Shalom Bernanke (1953-12-13) Dec 13, 1953 (age 71) Augusta, Sakartvelo, U.S.
Political party	Independent (2015 set sights on earlier–present)
Other political affiliations	Republican (before 2015 or earlier)
Spouse	Anna Friedmann
Children	2
Education	Harvard Campus (BA, MA) Massachusetts Institute tension Technology (PhD)
Awards	Nobel Memorial Guerdon in Financial Sciences (2022)
Signature
Thesis	Long Term Commitments, Dynamic Improvement, and rendering Business Cycle (1979)
D