Nobel Prize in economics awarded to trio including Ben Bernanke for work on financial crises | CNN Business

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The 2022 award goes to a trio of US-based economists including former Fed chair Ben Bernanke for research on bank runs and financial crises

The group was recognized by the Royal Swedish Academy of Sciences for their work in the early 1980s, which the institute said provided the foundation for our modern understanding of why banks are needed, their chief vulnerabilities and how their collapse can fuel financial

meltdowns. Bernanke, who led the US central bank during the 2008 financial crisis, received the award for his research on the Great Depression. His work showed that bank runs were a decisive reason the crisis became so severe and entrenched. — This is a developing story and will be updated.

 

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“La gente había visto que los bancos quebraban, pero se pensó más como una consecuencia de la crisis que como una causa de la crisis” Ben Bernanke, plantea una nueva forma de ver como se representa nuestra economía y lo poco que fomenta a estimular el crecimiento económico.

A stupid cheap box with a stupid expense award giving to the loyal slaves only. Cheap and vulgar.

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Did the journalists that received the awards for covering the non existent Russian collusion return their awards? Or is this Nobel Prize all meaninglessness bullcrap?

It is a woke organization, the Nobel Prize. nowadays largely irrelevant

They get awards for helping to ruin our economy wake up people help abolish the non federal non reserve

Nobel Prize on economy- so are we in a recession? CNN (of course not) everything is good under the democrats before midterms. We lie.

😂😂😂😂

The 'nobel prizes' mean nothing any longer. Ever since they gave one to a president for the 'work that he was going to do' ... but he never did. All that did was make the prize now worthless. Thanks

I remember ole Ben from the 2008 crisis

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Yes

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Bernanke should be in prison. This is a joke.

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One more big elite circle jerk.

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ben bernanke? what a joke

ironic Nobel prize for what Ben Bernanke,

I respect that the winner of the Nobel prize in economics looks like he found his look in his early 20s and stuck with it.

He doesn’t deserve it. He didn’t do anything. Instead of exposing the monopoly within the financial industry which seems to keep us in debt he lobbied for it

Nobel prize is a woke organization . Largely irrelevant these days .

Another reminder that the Nobel means about as much as the Oscar and Golden Globe.

Ben B., an expert on avoiding bank runs?!!! People pay heed!!! The 1% control yer 99%. What can you do? Well switch to crypto n spread it on the net, a few exchanges. N then sirs, sleep sound!!!! Ben, sorry pal but the truth also deserves space. TY. C.

Very timely Is there anything in their research about current crises?

The prizes carry a cash reward of 10 million Swedish kronor ( nearly $9,00,000) and will be handed out on December 10.

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Noble peace price is either giving to war criminals or future war criminals.

Ben S Bernanke , Douglas W Diamond and Philip H Dybvig won the 2022 Nobel prize for economics on Monday for research on banks and financial crisis .

Smh to Many bots

Thats funny af

Bernanke should be in jail for pushing QE when there was no crisis. NobelPrize FOMC

Where can I see their work?

Is that a Sarcastic Joke

Congrates

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