Age Of Turbulence: Adventures In A New

The most remarkable thing that happened to the world economy after 9/11 was.. nothing. What would once have meant a crippling shock to the system was absorbed astonishingly quickly, partly due to the efforts of the then Chairman of the Federal Reserve Board, Alan Greenspan. The post 9/11 global economy is a new and turbulent system-vastly more flexible, resilient, open, self-directing and fast-chaning than it was even twenty years ago. The Age of Turbulence is an incoparable reckoning with the nature of this new world-how we got here, what we'are living through and what lies over the horizons, for goor or ill, seen from the perspective of Greenspan's own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure.
About Author :
Alan Greenspan was born in 1926 and grew up in the Washington Heights neighbourhood of New York City. After studying the clarinet at the Juilliard School and working as a professional musician, he earned his BA, MA and PhD in Economics from New York University. In 1954, he co-founded the economic counsulting firm townsend-Greenspan & Co. From 1974 to 1977, he served as Chair of the Council of Economic Advisers under President Gerald Ford. In 1987, President Ronald Reagan appointed him Chairman of the Federal Researve Board, a position he held until his retirement in 2006.
Contents :
Introduction City Kid The Making of An Economist Economics Meets Politics Private Citizen Black Monday The Fall of the Wall A Democrat's Agenda Irrational Exuberance Millennium Fever Downturn The Nation Challenged The Universals of Economic Growth The Modes of Capitalism The Choice That Await China The Tiges and The Elephant Russia's Sharp Elbows Latin America and Populism Current Accounts and Debt Globalization and Regulation The "Conundrum" Education and Income Inequality The World Retires. But Can It Afford To? Corporate Governance The Long-Term Energy Squeeze The Delphic Future Acknowledgments A Note on Sources Index