Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics 'for Research on Banks and Financial Crises'
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame Bernanke for getting us “to the brink of collapse and under a mountain of debt with quantitative easing.” Former Fed Chair Ben Bernanke Wins Nobel Prize in Economic Sciences The Royal Swedish Academy of Sciences announced Monday that it has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises .” The Royal Swedish Academy of Sciences is responsible for selecting Nobel laureates in economic sciences . The announcement details: This year’s laureates in the Economic Sciences, Ben Bernanke, Douglas Diamond and Philip Dy...