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The Man Who Knew: The Life & Times of Alan Greenspan
Unavailable
The Man Who Knew: The Life & Times of Alan Greenspan
Unavailable
The Man Who Knew: The Life & Times of Alan Greenspan
Ebook1,261 pages23 hours

The Man Who Knew: The Life & Times of Alan Greenspan

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WINNER OF THE 2016 FT & McKINSEY BUSINESS BOOK OF THE YEAR AWARD, this is the biography of one of the titans of financial history over the last fifty years.

Born in 1926, Alan Greenspan was raised in Manhattan by a single mother and immigrant grandparents during the Great Depression but by quiet force of intellect, rose to become a global financial 'maestro'. Appointed by Ronald Reagan to Chairman of the Federal Reserve, a post he held for eighteen years, he presided over an unprecedented period of stability and low inflation, was revered by economists, adored by investors and consulted by leaders from Beijing to Frankfurt.
Both data-hound and eligible society bachelor, Greenspan was a man of contradictions. His great success was to prove the very idea he, an advocate of the Gold standard, doubted: that the discretionary judgements of a money-printing central bank could stabilise an economy. He resigned in 2006, having overseen tumultuous changes in the world's most powerful economy. Yet when the great crash happened only two years later many blamed him, even though he had warned early on of irrational exuberance in the market place.
Sebastian Mallaby brilliantly shows the subtlety and complexity of Alan Greenspan's legacy. Full of beautifully rendered high-octane political infighting, hard hitting dialogue and stories, The Man Who Knew is superbly researched, enormously gripping and the story of the making of modern finance.
LanguageEnglish
Release dateOct 20, 2016
ISBN9781408855799
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The Man Who Knew: The Life & Times of Alan Greenspan
Author

Sebastian Mallaby

Sebastian Mallaby is the Paul Volcker Senior Fellow in International Economics at the Council on Foreign Relations and a Washington Post columnist. He spent thirteen years on The Economist, covering international finance in London and serving as bureau chief in Southern Africa, Japan and Washington. From 1999 to 2007 he was a member of the editorial board of the Washington Post, focusing on globalization and political economy. His previous books are The World's Banker (2004) which was named as an Editor's Choice by the New York Times and After Apartheid (1992), which was a New York Times Notable Book. He lives in Washington with his wife, Zanny Minton Beddoes, the economics editor of The Economist.

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  • Rating: 4 out of 5 stars
    4/5
    Mallaby spend much time trying to shield GS from criticism over the monster recession after the subprime fiasco bubble. It seems GS knew, but did not do or was unable to do anything about it.
    Many details, many damning, at least to me, about an man whose best trait was that he was not as arrogant as Kissinger. Compassion was not his middle name.
    You get side looks at Reagan, Nixon and Ford and realize that the prez often knows diddly.
    And it's a long read on very good paper, if you get the hardbound.