Alan Greenspan Alan Greenspan, the chairman of the Federal Reserve, has always fascinated the financial community. Whatever he says can make or break the markets. He is a highly educated economist with many years of experience. People seek for his advice and obey his judgments. His proclamations are repeated and expounded upon. Greenspan is loved, feared, and never ever questioned. As a result of being a strong chairman of the Fed, he has made a difference the U.S. economy through his way of dealing with inflation. Also, the presidency no longer counterbalances or even criticizes the Fed. First of all, we will consider his background. Alan Greenspan was born on March 6, 1926, in New York City. He received a B.S. in economics in 1948, an M.A. in economics in 1950, and a Ph.D. in economics in 1977, all from New York University. Also, Dr. Greenspan also has performed advanced graduate study at Columbia University (Board of Governors par. 2) He taught economics at New York University......
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Approximate Word Count: 1747
Approximate Pages: 7 (260 words per double-spaced page) |