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Paul Krugman: A Nobel Prize for the economics of panic

(Stephen Crowley | The New York Times)

Ben Bernanke, then chairman of the Federal Reserve's board of governors, appears before the Senate Banking Committee in Washington on July 17, 2012. The Nobel Memorial Prize in Economic Sciences was awarded on Monday, Oct. 10, 2022, to Bernanke and two other academics for their research into banks and financial crises.

(Stephen Crowley | The New York Times) Ben Bernanke, then chairman of the Federal Reserve's board of governors, appears before the Senate Banking Committee in Washington on July 17, 2012. The Nobel Memorial Prize in Economic Sciences was awarded on Monday, Oct. 10, 2022, to Bernanke and two other academics for their research into banks and financial crises.