I was a professor at Princeton University. And, in that capacity, I studied for many years the role of financial crisis in the economy. Ben Bernanke capacitycrisiseconomy Change image and share on social
The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be fully effective without the aid of strong market discipline. Ben Bernanke aidallowdiscipline share on social
The role of liquidity in systemic events provides yet another reason why, in the future, a more system wide or macroprudential approach to regulation is needed. Ben Bernanke approacheventfuture Change image and share on social
I am particularly pleased to see that the Bendheim Center for Finance is thriving. Ben Bernanke bendheimcenterfinance Change image and share on social
The central bank needs to be able to make policy without short term political concerns. Ben Bernanke bankcentralconcern Change image and share on social
To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation. Ben Bernanke compensationfastgrowth Change image and share on social
It takes about two and a half percent growth just to keep unemployment stable. Ben Bernanke growthhalfpercent Change image and share on social
I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonstrated - was that when orthodoxy fails, then you need to try new things. And he was very willing to try unorthodox approaches when the orthodox approach had shown that it was not adequate. Ben Bernanke adequateapproachdemonstrate share on social
The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes. Ben Bernanke begincomplexcrisis Change image and share on social
History has demonstrated time and again the inherent resilience and recuperative powers of the American economy. Ben Bernanke americandemonstrateeconomy Change image and share on social