Beltway Confidential

Nobel firefighting prize awarded to convicted arsonist

By Tiana Lowe Doescher
Published October 11, 2022 2:41pm ET
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Nobel firefighting prize awarded to convicted arsonist
Federal Reserve Chairman Ben Bernanke listens while participating in a panel at the International Monetary Fund (IMF) in Washington Friday, Nov. 8, 2013, on "The Crisis as a Classic Financial Panic." Bernanke said the Federal Reserve is drafting rules to close large insolvent banks without bringing down the broader financial system, one of many steps regulators must take to prevent another financial crisis. (AP Photo/Jacquelyn Martin) | Jacquelyn Martin

The same Nobel Committee that once awarded Henry Kissinger its peace prize just awarded its economics prize to Ben Bernanke, the architect of the quantitative easing experiment that is plunging the world economy into its current nightmare.

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Federal Reserve Nobel Prizes