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The second half of the book retells several major economic events primarily within the United States that have occurred over the past half century. The latter half of the book also includes an analysis and brief history of major global economic constructs— Marxist communismpopulismand various mutations of market capitalism —along with Greenspan’s opinions about their turbulenciw merits and shortcomings.
Greenspan’s criticisms of President George W. His support for market capitalism is not without criticism.
Books by Alan Greenspan (Author of The Age of Turbulence)
Retrieved December 7, Retrieved May 9, The Economist considered the book to be “first-rate”, noting that “it engages on different levels: The American Prospect, Inc.
Bush include his refusal to veto new federal legislation, thus increasing spending with unprecedented ease. His opinion of Clinton’s governance was one which maintained “a consistent, disciplined focus on long-term economic growth”. It details his economic endeavors and personal observations while serving under various U. The Age of Turbulence: He discusses the rapid historical growth of the U.
Retrieved May 8, New York Review of Books. Greenspan also decries the lack of quality public secondary education for the “masses”, particularly in mathematics and the sciences, and how this problem contributes to the divergence of rich and poor within the United States.
His opinions frequently run counter to his well-known Republican political loyalties, which he also makes no effort to hide”. Views Read Edit View history. Friedman was largely praising of the book, describing it as “clearly written and easy to read and understand” and says that Greenspan is “forthright in sharing greensppan views on not only turbuleencia issues but also the personalities of many of the people with whom he worked during his time in office.
Books about capitalism non-fiction books. In Greenspan’s view, free market capitalism is the economic approach that “trumps” other forms attempted thus far in human history. Retrieved from ” https: Sanger September 15, Adventures in a New World Hardcover edition.
Greenslan March 20, This includes the anxiety often expressed within a society as ” creative destruction ” plays out.
Books by Alan Greenspan
His support of Turbulenncia Smith ‘s ” invisible hand “, i. From Wikipedia, the free encyclopedia. The first half of The Age of Turbulence is an autobiographical chronology of Greenspan’s life that shows readers the people and circumstances that helped shape and guide Greenspan—from hours of clarinet and saxophone practice to living-room philosophy with Ayn Rand. Greenspan said that he wrote the book in longhand mostly while soaking in the bathtub, a habit he regularly employed since an accident inwhen he injured his back.
Of all the presidents with whom he worked, Greenspan praises Gerald Ford above all others, but also has high praise for Bill Clinton. Pages to import images to Wikidata.