W.W. Norton & Co. last week announced that former Federal Reserve Chairman Ben Bernanke‘s new memoir, coming in October, will be titled “The Courage to Act: A Memoir of a Crisis and Its Aftermath, ” AP reported.
Publishing the new bio might explain Bernanke’s recent entry into the wild world of online blogging—to increase the number of potential readers.
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The deal was originally reported right after Bernanke had completed his second of four-year terms as chairman, last year.
Bernanke’s new work will deal mainly with the Fed’s response to the 2008 financial crisis.
Bernanke said the book’s title was inspired by the Fed’s “moral courage” in the face of “bitter criticism and condemnation.” He referred to his being lambasted in those years for doing too little as well as doing too much to save the economy.