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Bernanke, Ben Shalom

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Bernanke, Ben Shalom (bĕrnăngk`ē), 1953–, U.S. economist and government official, b. Augusta, Ga.; grad. Harvard (B.A., 1975), Massachusetts Institute of Technology (Ph.D., 1979). He was a professor of economics at Stanford Univ. (1979–85) and Princeton (1985–2002) before serving (2003–5) as a member of the Federal Reserve's board of governors. An authority on monetary policy, he became (2005) chairman of the White House Council of Economic Advisers under President George W. Bush. In 2006 Bernanke succeeded Alan Greenspan Greenspan, Alan, 1926–, American economist, chairman of the Federal Reserve Board (1987–2006), b. New York City. Influenced by the philosophy of Ayn Rand, Greenspan is a strong supporter of the free market and an opponent of government intervention in the
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 as chairman of the Federal Reserve Board.


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