When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve... mustered the moral courage to do what was necessary. Ben Bernanke colleaguecouragecreative Change image and share on social
Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime. Ben Bernanke abandonaffectcrime share on social
Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional. Ben Bernanke arriveeconomicforecast Change image and share on social
Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits. Ben Bernanke accomplishmentbenefitbring Change image and share on social
A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself. Ben Bernanke buydaygold Change image and share on social
The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being. Ben Bernanke economicsenhancementpromote Change image and share on social
The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem. Ben Bernanke 1990samericanconcern share on social
The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in the long run if investors and firms infer from those actions that they will never bear the full consequences of excessive risk-taking. Ben Bernanke actionauthoritybank share on social
Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.' Ben Bernanke allocationdefinitiondescribe Change image and share on social
Economics has many substantive areas of knowledge where there is agreement, but also contains areas of controversy. That's inescapable. Ben Bernanke agreementareacontroversy Change image and share on social