Firefighting Book Summary

By Timothy F. Geithner, Ben S. Bernanke

Published: 2019

Book Review of Firefighting

"Should be required reading for all policy makers.” —Warren Buffett From the three primary architects of the American policy response to the worst economic catastrophe since the Great Depression, a magnificent big-picture synthesis--from why it happened to where we are now. In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis ten years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provide to their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises. Firefighting provides a candid and powerful account of the choices they and their teams made during the crisis, working under two presidents and with the leaders of Congress.

Similar books you might like →

Showing 8 of 29 similar books

Similar Book Recommendations →

Sahil Lavingia's Book Recommendations

Sahil Lavingia is an accomplished entrepreneur and writer, best known as the founder and CEO of Gumroad, a platform that enables creators to sell products directly to consumers. His book "The Minimalist Entrepreneur" distills his philosophy on building sustainable, lean startups that prioritize long-term vision and customer value over rapid scaling. Lavingia's work has inspired a new generation of entrepreneurs to focus on simplicity and self-reliance. Additionally, he is recognized for his thoughtful essays and blog posts that delve into the intersection of technology, business, and creativity. Through his contributions to literature and his leadership at Gumroad, Lavingia has significantly influenced modern startup culture.

Business and LeadershipInspiring ReadsCreativity and Innovation

Adam Grant's Book Recommendations

Adam Grant is a renowned organizational psychologist and bestselling author, celebrated for his influential work on motivation and workplace dynamics. He is a professor at the Wharton School of the University of Pennsylvania, where he has been the youngest tenured professor and earned numerous teaching awards. Grant's books, including "Give and Take," "Originals," and "Think Again," have been translated into multiple languages and have topped bestseller lists worldwide. His research and insights are frequently featured in major media outlets, and he hosts the popular podcast "WorkLife." Through his writing and speaking, Grant has profoundly impacted the fields of psychology, business, and education.

Business and LeadershipEducationSelf-Improvement

Barack Obama's Book Recommendations

Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.

PoliticsMemoirs and BiographiesSuccess Stories and Life Lessons

Adam Savage's Book Recommendations

Adam Savage is an American special effects designer, actor, and television personality best known for his work on the popular science entertainment show "MythBusters." He has made significant contributions to the popularization of science and engineering through his engaging presentations and experiments. Savage is also an accomplished author, with his book "Every Tool's a Hammer: Life Is What You Make It" offering insights into creativity, problem-solving, and the maker culture. His dedication to hands-on learning and DIY innovation has inspired a wide audience of all ages. Beyond his television and literary work, Savage continues to influence the maker community through his website, Tested.com, where he shares projects and tutorials.

Creativity and InnovationScience and NatureInspiring Reads

Arianna Huffington's Book Recommendations

Arianna Huffington is the founder of The Huffington Post and Thrive Global, a company focused on wellness and productivity. She is a bestselling author and prominent speaker on the importance of sleep and managing stress. Arianna’s work emphasizes the importance of balance between professional success and personal well-being. Her book The Sleep Revolution has inspired a global movement to prioritize rest. She is considered one of the most influential women in media and business.

Women Who LeadWellness WisdomProductivityLife Advice

Marc Andreessen's Book Recommendations

Marc Andreessen is an American entrepreneur, software engineer, and venture capitalist, best known for co-creating the Mosaic web browser, the first widely-used web browser, and co-founding Netscape. Andreessen is also the co-founder of Andreessen Horowitz, one of Silicon Valley’s most prominent venture capital firms, where he invests in groundbreaking technology companies like Facebook, Airbnb, and Coinbase. He is a thought leader on the impact of technology and innovation, often sharing his views on the future of the internet and startups. His contributions to the development of the web and the tech ecosystem have made him one of the most influential figures in technology.

Technology and FutureBusiness and Leadership

Rich Roll's Book Recommendations

Rich Roll is an American ultra-endurance athlete, author, and podcast host, known for his transformation from a struggling lawyer battling addiction to becoming one of the fittest men in the world. Roll’s book Finding Ultra chronicles his journey toward sobriety and peak performance through plant-based nutrition and endurance sports. He is also the host of The Rich Roll Podcast, where he interviews thought leaders in health, fitness, and personal growth. Roll is a passionate advocate for plant-based living, wellness, and mental health. His story has inspired countless individuals to pursue healthier, more fulfilling lives.

Wellness WisdomFitnessSelf-Improvement

Andrew Huberman's Book Recommendations

Andrew Huberman is a renowned neuroscientist and tenured professor at Stanford University, where he leads the Huberman Lab, focusing on brain function, behavior, and health. He has significantly contributed to the understanding of neural plasticity, particularly how the brain can change in response to experience and injury. Huberman is widely recognized for his engaging public science communication, which includes the popular "Huberman Lab" podcast that translates complex neuroscience topics into accessible insights for broad audiences. His research has been published in leading scientific journals, earning him numerous accolades and fostering a deeper public appreciation for neuroscience. Additionally, his work extends into practical applications, influencing fields such as mental health, vision restoration, and performance optimization.

Science and NatureWellness WisdomMindfulness

Showing 8 of 17 related collections