Ben Bernanke had an impressive educational career
He was raised in Dillon, South Carolina. Ben was a man of great talent, and at the age of 11, he showed his talent when he achieved a state spelling bee. He had the highest SAT score in South Carolina and got a graduation degree in economics from Harvard University in 1975, an interesting fact about Ben Bernanke. Afterward, in 1979, Bernanke got a Ph.D. degree in economics from the Massachusetts Institute of Technology. Dr. Ben Bernanke currently works as a Distinguished Fellow-in-residence with the Economic Studies Program at the Brookings Institution. However, he is best known for his role as Chairman of the Board of the Federal Reserve System (also known as the Fed) from 2006-2010, a period marked by the 2008 Financial Crisis. Many experts and influential leaders, including Barack Obama, credit Bernanke for “preventing another Great Depression”. Bernanke is an expert in macroeconomics, specifically monetary policy. His ideas, which influenced many of the decisions taken by the Fed following the collapse in 2008, can be summarised by the ‘Bernanke Doctrine’ a speech he gave upon his initial appointment as a Governor of the Fed in 2004. He is a scholar of the Great Depression, specifically its underlying causes and the lessons that could be learned from it.
A former Princeton Professor, Dr. Bernanke has published several scholarly articles tackling a wide range of economic issues. He is the author of several books, including ‘The Courage to Act: A Memoir of a Crisis and its Aftermath, which documents his experience as Chairman of the Federal Reserve during and after the 2008 financial crisis. Ben Bernanke’s life is full of success and achievements, and every institution desired the services of this economic expert. As an economics professor, he served the Princeton University and Stanford University. Furthermore, he also served the MIT and New York University as a visiting professor. He was associated with the Federal Reserve Board of Governors in 2002. He was appointed as Chairman in 2006. Besides, he has also appointed the Chair of the Presidential Council of Economic Advisers in 2005. Ben also won the title “Time Magazine person of the year “in 2009, a fun fact about Ben Bernanke.
