Ben Bernanke stepped down as Chairman of the Federal Reserve on Friday. So what will be his legacy? Bernanke, although he didn't anticipate the financial crisis, steered the Fed through the most turbulent of financial environments since the Great Depression. Notably, as an academic, Bernanke was probably best known for his work on the Great Depression. His key insight was that the collapse of banks during the Great Depression resulted in credit channels not working properly. How well did he steer the Fed over the past eight years? You can read articles where Bernanke's performance is assessed at the WSJ, Project Syndicate and PBS.
Michael Aldous and I had our book The CEO: The Rise and Fall of Britain's Captains of Industry published a few weeks ago. You can find out more about it and buy it at Cambridge University Press's website . It is also available at Amazon , Waterstones , and Barnes & Noble . The CEO has already been reviewed in The Sunday Times , The Observer and Financial Times .