- The Economic Impact of War (December 10, 2002)
...ional hearing, Democratic Rep. Pete Stark quizzed Federal Reserve chairman Alan Greenspan. STARK: [President Bush has] an obsession, it appears, to plunge us int... - US Risks Downhill Dollar Disaster (November 22, 2004)
...ro. That was unsurprising, since the downward lurch followed comments from Alan Greenspan which - by his own cryptic standards - were unambiguous. "It seems pers... - Dizzying Dive to Red Ink Poses Stark Choices for Washington (September 14, 2003)
...ror, parallel to the "irrational exuberance" that Federal Reserve chairman Alan Greenspan saw among investors during the 1990's. Mr. Reischauer said that even the C... - Councils of War (January 1, 2002)
...eseeable future. The essence of New Economy thinking, whether expressed by Alan Greenspan or by a twenty-five- year-old looking for start-up capital, was that "fric...
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Alan Greenspan
From Wikipedia, the free encyclopedia.
Alan Greenspan (born March 6, 1926) is an American economist and Chairman of the Federal Reserve. He is considered by many to be the leading authority and key participant concerning United States domestic economic policy. For example, he has been instrumental in how the U.S. government decides how to deal with inflation. Given the breadth of his experience, he has been referred to in the media as "the economist's economist".
He was born in New York City, earned an Master's degree in Economics in 1950 from New York University, and a Ph.D. in Economics in 1977. He also attended Columbia University for advanced graduate study. He was a friend of Ayn Rand and was a strong intellectual advocate of the capitalist or even so-called supercapitalist system and the societial ideas and values it represented.
Mr. Greenspan is Chairman of the United States Federal Reserve Board, an office he first took on August 11, 1987. He was reappointed to an unprecedented fourth term on June 20, 2000 (which ends on June 20, 2004). He has been appointed to this post by U.S. Presidents Ronald Reagan, George H. W. Bush, and Bill Clinton. From 1974 to 1977, he was Chairman of the President's Council of Economic Advisers under Gerald Ford.
His honorary titles include Knight Commander of the British Empire, bestowed in 2002.
Quotes
- "But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?", Francis Boyer Lecture of The American Enterprise Institute for Public Policy Research, Washington, D.C., December 5, 1996 [1]