Attention Economy


Wednesday, October 12, 2022

Bernanke's Term at the Fed

Ben Bernanke Wins a Nobel, in Theory
https://www.wsj.com/articles/ben-bernanke-wins-a-nobel-in-theory-11665442267
An old joke has it that economists like to grouse that something may work in practice but does it work in theory? That comes to mind with the news that former Federal Reserve Chairman Ben Bernanke is sharing this year’s Nobel prize in economics for his research into financial crises. His insights worked in theory but not in practice. 

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