The Federal Reserve and the Financial Crisis

"In this well-organized book, Ben Bernanke tells the story of the Fed from its founding to the recent financial crisis. Bernanke's rendering is coherent and compelling."--Barry Eichengreen, author of Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System"It is rare indeed to find a Fed chairman looking back and explaining the Fed's actions. In this valuable book, Ben Bernanke argues strongly that the Fed's decisions during the financial crisis were consistent with long-standing central banking practices. His account is an important part of the historical record."--Alan Blinder, Princeton University