Alan Greenspan

Born in 1926
Politics
  • Alan Greenspan is an American economist who served as Chairman of the Federal Reserve from 1987 to 2006, the second-longest tenure in that position.

  • Initially appointed by President Reagan, he was reappointed by subsequent presidents until his retirement.

  • Greenspan's tenure was marked by his support for deregulation and low interest rates.

  • While once highly regarded, his reputation has been tarnished by critics who argue his policies contributed to the dot-com bubble and the 2008 financial crisis.

  • Greenspan defends his actions, attributing the housing bubble to global factors rather than Fed policies.

  • After leaving the Fed, he founded a consulting firm and continues to comment on economic issues.

Books by Alan Greenspan