In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington's halls of power. There would be no time to celebrate, however -- the burst of the housing bubble in 2007 set off a domino effect that would bring the global financial system to the brink of meltdown. Here, Ben Bernanke pulls back the curtain on the tireless and ultimately successful efforts to prevent a mass economic failure. Working with two U.S. presidents and two Treasury secretaries, Dr. Bernanke and his colleagues used every Fed capability, no matter how arcane, to keep the U.S. economy afloat. From his arrival in Washington in 2002 and his experiences before the crisis, to the intense days and weeks of the crisis itself, and through the Great Recession that followed, Dr. Bernanke gives readers a unique perspective on the American economy.

"Capitalism Hits the Fan differs sharply from most other explanations offered by politicians, media commentators, and academics. Step by step, Professor Wolff shows that deep economic structures - the relationship of wages to profits, of workers to boards of directors, and of debts to income - account for the crisis. Government bailout interventions have thrown too little money too late at a problem that requires more than money to solve. As this book shows, we must now ask basic questions about capitalism as a system that has now convulsed the world economy into two great depressions in 75 years (and countless lesser crises, recessions, and cycles in between). The book's essays engage the long-overdue public discussion about basic structural changes and systemic alternatives needed not only to fix today's broken economy but to prevent future crises." --Book Jacket.

Libertarian-conservative solutions to the political, social, economic and tax issues facing the United States from a 2012 Third Party Presidential contender, as well as one of America's leading Tea Party political leaders In today's uncertain economy, people are growing more and more concerned about their financial future, and looking for common sense, limited government solutions. In The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts , 2008 Libertarian Party Vice Presidential nominee Wayne Allyn Root presents a passionate case for smaller government; dramatically reduced spending and taxes; States' Rights; free markets; adherence to the Constitution; an end to the Fed; a ban of bailouts, stimulus, earmarks, pork and corporate welfare; economic and personal freedom; and a return of power to the people, just as the Founding Fathers intended. The book Explains why Obama's big government solutions are leading to a Great Depression II and a coming Citizen Revolution Proposes a one year "Income Tax Vacation," a permanent end to capital gains taxes, and detailed spending freezes and cuts across all levels of government Proposes dramatic education reform centered on school choice, home-schooling, charter schools, teacher accountability, and parental freedom Proposes unique reforms in the areas of health care, energy and the public sector (government employee unions) The Conscience of a Libertarian reveals how Americans can take back their country from big government, big unions, big corporations, corrupt politicians, bureaucrats, lawyers and lobbyists.

On 9 August 2007 France's largest bank announced that it had had to suspend trading in two huge investment funds it controlled. The same day three German banks revealed that they were close to collapse. A few days later came the first run on a British bank since the 1860s as vast queues of worried investors besieged Northern Rock. Within weeks, the Government were being forced to bail out this previously little-known bank to the tune of e30 billion, share prices in other mortgage lenders were plummeting, and alarming news about the state of several of the biggest US banks was crossing the Atlantic. What lay behind this series of crippling disasters? In The Crunch , award-winning journalist Alex Brummer painstakingly traces the course of the crisis from its origins in the US 'subprime' market to its explosion on to the international scene. It's a story of greed, mismanagement and dithering in which bankers seeking to make a quick buck, regulators engaged in turf wars and blame-avoidance, and governments paralysed by the sheer scale of the problem all conspired to bring the banking system almost to its knees. It's also a story of victims- the millions of people in the US who have already been thrown out of their houses, the entire population of the UK who have been co-opted to guarantee Northern Rock with e30 billion of public money, borrowers everywhere who are now finding credit more expensive and harder to get. And, as Alex Brummer convincingly argues, now that recession looms, this is only the beginning.