Ben Bernanke and the magic of banking
More or Less: Behind the Stats
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What Happened in the Run Up to the Financial Crisis?
In the 1980s, economists started paying more attention to banking stability. This led to a lot of work on how to prevent self-fulfilling bank runs. That was what had been happening in the run up to the financial crisis in 2008. Ben Bernanke didn't see it coming, and he messed up, and that's why we had a financial crisis. Some people think that Ben Bernanke did not do a good job.
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