Bernanke Says Studying Economics Can Strengthen Crisis Debate
Federal Reserve Chairman Ben S. Bernanke told teachers that studying economics will help students debate the causes of the recent financial crisis “in a responsible and informed way.”
Bernanke didn’t comment on the outlook for the economy or monetary policy in the seven-paragraph text of prepared remarks at a Fed event today in Washington. He is scheduled to respond to audience questions for an hour at what the central bank called a “town hall meeting with educators.”
“The recent financial crisis was among the most profound challenges to economic and financial stability since the Great Depression, and its causes and its ultimate remedies have been, and will continue to be, widely debated,” Bernanke said. “The study of economics will allow your students to join the debate in a responsible and informed way.”
To contact the reporter on this story: Scott Lanman in Washington at slanman@bloomberg.net; Joshua Zumbrun in Washington at jzumbrun@bloomberg.net.
To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net
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