The Courage to Act: A Memoir of a Crisis and Its Aftermath
SKU: 19576975217

The Courage to Act: A Memoir of a Crisis and Its Aftermath

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The Courage to Act: A Memoir of a Crisis and Its AftermathIn 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, the unexpected apex of a personal journey from small town South Carolina to prestigious academic appointments and finally public service in Washington's halls of power. There would be no time to celebrate. The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities of the global financial system, bringing it to the brink of meltdown. From the implosion of the

In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, the unexpected apex of a personal journey from small-town South Carolina to prestigious academic appointments and finally public service in Washington's halls of power.

There would be no time to celebrate.

The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities of the global financial system, bringing it to the brink of meltdown. From the implosion of the investment bank Bear Stearns to the unprecedented bailout of insurance giant AIG, efforts to arrest the financial contagion consumed Bernanke and his team at the Fed. Around the clock, they fought the crisis with every tool at their disposal to keep the United States and world economies afloat.

Working with two U.S. presidents, and under fire from a fractious Congress and a public incensed by behavior on Wall Street, the Fed--alongside colleagues in the Treasury Department--successfully stabilized a teetering financial system. With creativity and decisiveness, they prevented an economic collapse of unimaginable scale and went on to craft the unorthodox programs that would help revive the U.S. economy and become the model for other countries.

Rich with detail of the decision-making process in Washington and indelible portraits of the major players, The Courage to Act recounts and explains the worst financial crisis and economic slump in America since the Great Depression, providing an insider's account of the policy response.



Binding Type: Hardcover
Publisher: W. W. Norton & Company
Published: 10/05/2015
ISBN: 9780393247213
Pages: 624
Weight: 2.40lbs
Size: 9.40h x 6.30w x 1.90d

Review Citations: Library Journal Prepub Alert 06/01/2015 pg. 72
New York Times Book Review 10/25/2015 pg. 1
Publishers Weekly 11/02/2015
Library Journal 06/01/2015
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SKU: 19576975217

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michele p.
Louisville, US
★★★★★ 5
Great product to keep moisture in
Size: M (up to size 9)-Beige
These are so cool. I was skeptical at first. After an at home pedicure I put lotion on and keep these on for about a few hours. The moisture retention, and comfort and fit or absolutely amazing!
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Reviewed in the United States on April 24, 2025
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Amy
Bozeman, US
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These work!
Size: M (up to size 9)-Beige
I’ve had dry cracked feet my whole life. Tried these last night with lotion from Trader Joe’s and literally overnight my feet are the softest they’ve ever been. I put a pair of socks over them and went to sleep with them on. Hard to walk around with all that slippery-ness but worth it! 10/10✨👌
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Reviewed in the United States on June 11, 2025
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New York, US
★★★★★ 5
They work! Even if you hate socks
I am not a sock wearer. Can't stand having my foot entirely shrouded in cloth. I don't wear socks with my sandals, slides, clogs and other shoes most of the year. Only on the coldest winter days. I know, It's weird. So, with my sock phobia one thing that happens is your heals get dry and rough. I opted to try these because the toes are free. I barely notice the socks on my heels/ankles when my toes get air (outside of bedcovers always). I put good thick lotion on my heels and sides of feet. A little less on the toes so they don't stain anything. The silicone lining on the heel holds that lotion against the affected areas. In a couple days my feet felt soft and looked pretty. No cracks, no white roughness. They look pink and freshly spa-ed. Fit is good on size 9 feet with thickish ankles. Highly recommend.
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Sonya
Belleville, US
★★★★★ 5
Nice Socks, Bad Shipping
The socks are definitely worth the price. They are cozy and non constructive. They colors are nice. My only complaint is the method in which it was shipped. Slapping a mailing label on a clear bag is not acceptable. The shipper didn't consider protecting my privacy. I hate to think if it was something extremely private. Consumers deserve better when it comes to the content of their mail.
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Joann
Dallas, US
★★★★★ 4
There’s room for improvement
These heel support socks are quite comfortable to wear, the cotton blend fabric is soft and breathable. The built-in gel continuously moisturizes the heels, and the effect is more noticeable than applying lotion alone. I usually soak my feet in warm water before bed, apply lotion, and then use these socks. The elasticity is just right, and they don't constrict my feet. If the gel coverage area were a bit larger, the protection would be more comprehensive. Overall, they offer good value for money and are a practical foot care item.
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Reviewed in the United States on December 1, 2025

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