Alan Greenspan

In light of recent comments made by both living former Federal Reserve Chairmen, I thought it appropriate to look back 22 years to the succession from Volcker to Greenspan.  What follows is a blurb from a New York Times article circa…

In a BBC Two interview, former Fed chief Alan Greenspan waxed fatalistic, saying that another financial crisis is inevitable due to animal spirits.  In his view, booms and busts are endogenous to the capitalist system, crises being the…

When the United States closed the gold window in 1971, the world entered a new era in which nearly all money was supported by nothing more than the full faith and credit of the governments issuing it. If one looks back to the history of…

In today's Financial Times, former U.S. Federal Reserve chairman Alan Greenspan has taken the unusual step of playing market pundit even while his successor struggles to deal with the mighty financial turmoil he engendered. It is highly…

Caroline Baum, one of the best financial reporters out there, has a new column today about the Fed. I recommend it highly. The article is about a new book by Robert Auerbach, Professor at the University of Texas, Austin called "Deception…