Ever since the collapse of Lehman Brothers, the Federal Reserve has engaged in financial experimentation that has delivered the weakest rebound on record while spreading deleterious effects around the globe that author Brendan Brown, in a forthcoming book, likens to a plague.
Submitted by Lee Adler via The Wall Street Examiner, Ben Bernanke and his cohort central bankers built a Brave New World (SOMA, SOMA, SOMA!) where central bank money printing would boost stock prices and the wealth created would trickle down to workers and cause a booming economy. Show More Summary
Ben Bernanke and his cohort central bankers built a Brave New World (SOMA, SOMA, SOMA!) where central bank money printing would boost stock prices and the wealth created would trickle down to workers and cause a booming economy. If you...Show More Summary
During a panel discussion at the Brookings Institute last week, former Federal Reserve Board Chairman Ben Bernanke echoed a familiar refrain from the last decade: veterans have an employment problem. During the event, titled "The Defense Economy and American Prosperity," Dr. Show More Summary
Back in August 2007, just as the quant funds had their first taste of what the upcoming collapse would look like and when the Fed for the first time realized that the subprime woes were "not contained" despite what Ben Bernanke had promised...Show More Summary
Commenting on former Fed Chairman Ben Bernanke's recent comments that the US economy is dependent on maintaining a colossal defense budget, Brookings Institution Senior Fellow Michael O'Hanlon clarified that Bernanke also meant that spending must be kept within certain rational limits, lest it simply add to the debt and become a resource drain.
Former Federal Reserve Chairman Ben Bernanke stirred controversy Monday when he dismissed the long-held conventional wisdom – and ever present marketing campaigns – that says military experience is a plus in the job market. SpeakingShow More Summary
In 2002, addressing Nobel Prize-winning economist Milton Friedman on his 90th birthday, former Fed chair Ben Bernanke acknowledged the role of the Federal Reserve in worsening the financial crisis of the Great Depression...
Must- and Should-Reads: Must-Read: Ben Bernanke: [Reconstructing Macroeconomics](http://equitablegrowth.org/?p=12696) Must-Read: Paul Romer: [Freshwater Feedback Part 1: “Everybody Does It”](http://equitablegrowth.org/?p=12698) Josh...Show More Summary
[Over at Equitable Growth]: The current and the greater onrushing disaster that is macroeconomic policy in the eurozone is, in my opinion, the result of two things: 1. Setting up a Single currency in the region much broader than any optimum currency area. Show More Summary
A year and a half in the life of Federal Reserve chiefs Janet Yellen and Ben Bernanke.
Despite the protestations of an indignant Ben Bernanke, seven years of global QE have not only failed to ignite the illusory "trickle down" wealth effect but have in fact served to widen the gap between the rich and the poor the world over. Show More Summary
Ben Bernanke thinks the single currency is failing. He is not alone. But the former Fed boss is too short term and too financial. The euro zone has tough structural economic problems. The currency is different. Its future is political, and bright.
Former Federal Reserve Chairman Ben Bernanke has once again weighed in on issues around Germany’s trade surplus, this time in the context of Eurozone structures more broadly. While his analysis is much the same as before he adds an important caveat, though buried in a footnote (italics emphasis mine): [...]
The situation in Athens seems to have calmed down, but former Federal Reserve Chairman Ben Bernanke thinks Europe has an even bigger issue to worry about: Germany. In a blog post on Friday, Bernanke wrote that the failure of the euro zone as a whole is very much related to the "highly asymmetric outcomes" among member nations. Show More Summary
Must- and Should-Reads: Must-Read: Ben Bernanke: [Greece and Europe: Is Europe holding up its end of the bargain?](http://equitablegrowth.org/?p=12426) Must-Read: Simon Wren-Lewis: [The Non-Independent ECB](http://equitablegrowth.org/?p=12424)...Show More Summary
In the early 2000s, Alan Greenspan was worried about deflation. So he hired Ben Bernanke, the self-proclaimed expert on the Great Depression from Princeton. The idea was that with Bernanke as his right hand man, Greenspan could put off deflation from hitting the US. Show More Summary
Former Federal Reserve Chair Ben Bernanke said Friday that the “failure of European economic policy” played a significant role in the Greek debt crisis. “Now is a good time to ask: Is Europe holding up its end of the bargain?" Bernanke asked in a blog post on the Brookings Institution website. Show More Summary
With the finalization of a potential Greek debt deal drawing closer, former Federal Reserve chair turned blogger Ben Bernanke has a post today excoriating Europe's last five years of economic policy in which he chides Germany for more or less sucking the life out of its neighbors. Show More Summary
On June 17 th, Treasury Secretary Jack Lew shocked many, including former Chairman of the Federal Reserve Ben Bernanke, when he proclaimed that Alexander Hamilton (1755-1804) – the first and foremost Treasury Secretary – would be demoted and share the ten-dollar bill with a yet unnamed woman. Show More Summary