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“The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster” by Lawrence Ball.

This book, published in 2018, makes a compelling case that the Fed could have bailed out Lehman Brothers in 2008, but that fear of a political backlash and an underestimation of how bad the investment bank’s bankruptcy would be prevented it from acting. 

Mr Bernanke would disagree.

The Economist 7 September 2022

One of America’s most prominent dismal scientists, former Federal Reserve chairman Ben Bernanke,

returns with “21st Century Monetary Policy: The Federal Reserve From the Great Inflation to Covid-19.” 

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