Nobel Lecture: Banking, Credit Disruption, and Economic Activity
Ben S. BernankeNobel LaureateBrookings Institution
Nobel Laureate in Economic Sciences & Former Federal Reserve Chair
31:38·2023·undergraduate level·Public Colloquium
Explains how bank runs and credit-intermediation collapse turned the 1930s downturn into the Great Depression and shaped 2008 financial-crisis interventions.
Ben S. Bernanke delivered his prize lecture "Banking, Credit, and Economic Fluctuations" on 8 December 2022.
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