Book notes: 21st century monetary policy, by Ben S Bernanke

Bernanke’s great book offers important insights for today’s policy-makers, writes Stephen Poloz

21st Century monetary policy, by Ben Bernanke

Ben S Bernanke, 21st century monetary policy: the Federal Reserve from the great inflation to Covid-19, WW Norton, 2022, 512 pages

Central bankers can be intimidating – some so much so that they can be intimidating even to other central bankers. Ben Bernanke has always stood tall in that group, and so it was with some trepidation that, on my first trip to Basel as the new governor of the Bank of Canada in 2013, I introduced myself, calling him “mister chairman”. His response was a warm “around

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