Even as a Nobel Laureate, Ben Bernanke Still Divides Economists

When former Federal Reserve Chair Ben Bernanke won the 2022 Nobel Prize in Economics, reactions were swift and divided.

Bernanke shares the award with two other US-based colleagues for research into banking and financial crises. Bernanke put his research into practice in the 2008 global financial crisis. Under his tenure, the Fed’s balance sheet soared to more than $4 trillion from less than $1 trillion as the central bank sought to foster growth in the US economy.