"[L]oaded with fascinating details about Huang s unusual leadership style and maniacal work habits." ―Ben Cohen, Wall Street Journal "The definitive look at the most remarkable business story of this era." ―Morgan Housel, New York Times best-selling author of The Psychology of Money and Same As Ever A deeply reported business history of the chip-designer Nvidia―from its founding in 1993 to its recent emergence as one of the most valuable corporations in the world―explaining how the company s culture, overseen by cofounder and CEO Jensen Huang, has powered its incredible success. Nvidia is the darling of the age of artificial intelligence: its chips are powering the generative-AI revolution, and demand is insatiable. For all the current interest and attention, however, Nvidia is not of our time. Founded more than three decades ago in a Denny s in East San Jose, for years it was known primarily in the then-niche world of computer gaming. In fact, the company s leather-jacketed leader, Jensen Huang,
The winner of the 2022 Nobel Prize in Economics and former chair of the Federal Reserve explains the transformation of one our most powerful and consequential institutions.In response to the COVID-19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U.S. economy. Chair Jerome Powell and his colleagues lent directly to U.S. businesses, purchased trillions of dollars of government securities, pumped dollars into the international financial system, and crafted a new framework for monetary policy that emphasized job creation.These strategies would have astonished Powell s late-20th-century predecessors, from William McChesney Martin to Alan Greenspan, and the advent of these tools raises new questions about the future landscape of economic policy.In 21st Century Monetary Policy, Ben S. Bernanke―former chair of the Federal Reserve and one of the world s leading economists―explains the Fed s evolution and speculates on