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One of the finest memoirs on the financial crisis to date, this title belongs in all libraries with holdings in economic and social history. Readers desiring further readings on the economic crisis might consult Alan S. Blinder's After the Music Stopped. [See Prepub Alert, 5/4/15; a 2015 Best Business Book, LJ 12/15.]
This important book deserves to be read widely both because Bernanke admirably explains the Fed and its actions and because his authorship provides a window into his thinking as one of the world's most powerful financial figures. Former Fed governor Alan S. Blinder (economics, Princeton Univ.) also examines the crisis but with sharper criticism in After the Music Stopped (Jan. 2013).