Alan greenspan, who served as chairman of the federal reserve from 1987 to 2006 the second longest tenure in history, is revealed in this biography to have been neither the fabled maestro who master. Greenspan supported individual enterprise and free markets, and he idolized the great industrial tycoons of the 19th century. In his early decades, alan greenspans economic and political views were sharply at odds with those of the american establishment, though hed eventually become a central figure in that establishment. While the book is a long read, the author does a good job of interweaving alans personal and professional lives. Alan greenspan served as chairman of the board of governors of the federal reserve system, the most powerful financial position in the world, for eighteen and a half years, from early august 1987 through the end of january 2006. It was published in october 2016 by penguin press in the book, mallaby addresses questions about greenspan that emerged in the wake of the 2008 financial crisis. As sebastian mallaby shows in his new book by that name, it was that quality that powered greenspans career as the most important economic mind of. 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.
Federal reserve for 18 years and a regular fixture by the side of every u. The life and times of alan greenspan is a biography of the former chairman of the federal reserve, written by council on foreign relations senior fellow sebastian mallaby. Books by alan greenspan author of the age of turbulence. Alan greenspan, born march 6, 1926, new york city, new york, u. The life and times of alan greenspan is part biography and part united states economic history lesson. The man who knew is much more than an enjoyable and wellresearched biography of alan greenspan, chairman of the u. Full of beautifully rendered highoctane 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. The man who knew the man who knew audiobook, by sebastian mallaby. We need 75, 100, 150 basis points, they moan, or the bears shall surely eat us all. Sebastian mallabys magisterial biography of alan greenspan, the product of over five years of research based on untrammeled access to his subject and his closest professional and personal intimates, brings into. The professionals, sniffing an apocalypse, are crying out for rescue by the man they are most accustomed to seeing in shining armor. Alan greenspans most popular book is the age of turbulence.
Indeed, the man who knew provides us, in its narrative, a much better motivation for greenspans approachnamely, his experience, as fed chairman, in dealing with periods of financial. In his nearly two decades as chair of the federal reserve board, alan greenspanthe maestro, as he was known in his heyday in the 1990sbecame the most influential economic policymaker in the world and arguably the worlds most important economist. This carefully researched and elegantly written book will be essential reading for those who aspire to make policy and for anyone who wants to divine what drives the choices that. The life and times of alan greenspan, a new biography of former chairman of the federal reserve alan. The man who knew the definitive biography of the most important economic statesman of our time sebastian mallabys magisterial biography of alan greenspan, the product of over five years of research based on untrammeled access to his subject and his closest professional and personal intimates, brings into vivid focus the mysterious point where the government and the economy meet. Which greenspan you hew toward will probably be a reliable indicator of your politics, but the brilliance of the man who knew, sebastian mallabys new biography of the former federal reserve. It spans his hardscrabble childhood in depressionera new york city, his fascinating decadeslong friendship with controversial author ayn rand, his juilliard education and days spent touring with henry jeromes jazz band, as well as two marriages, a dynamic d. The life and times of alan greenspan, and agree that this biography is an important contribution to understanding our history.
Alan greenspans thoughts on the economy politics in. Discount prices on books by alan greenspan, including titles like capitalism in america. The life and times of alan greenspan, the worlds most powerful banker. This carefully researched and elegantly written book will be essential reading for those who aspire to make policy and for anyone who wants to divine what drives the. It sounds like a murder mystery, but those are the questions sebastian mallaby probed when researching his book the man who knew. Sebastian mallaby a product of more than five years of research, mallabys magisterial biography of alan greenspan brings into focus the mysterious point where politics and the economy meet. About the author sebastian mallaby is the author of several books, including the bestselling more money than god. Alan greenspan books list of books by alan greenspan. It is one of my favorite biographies and is, in the words of greenspan himself, tough but fair.
He adds that alan was well behaved and polite even at an early age. Was alan greenspan motivated by politics more than economics. The life and times of alan greenspan, a new biography based on five years of research and unmatched access to greenspan, sebastian mallaby presents a nuanced assessment of one of the most influential economic statesmen of the twentieth century and issues a warning about the future of finance. The man who knew is a searching reckoning with what exactly comprised the art, and the possible, in the career of alan greenspan. The definitive biography of the most important economic statesman of our time sebastian mallabys magisterial biography of alan greenspan, the product of over five years of research based on untrammeled access to his subject and his closest professional and personal intimates, brings into vivid focus the mysterious point where the government and the economy meet. Alan greenspan has 24 books on goodreads with 27974 ratings. Sebastian mallabys the man who knew is a biography of alan greenspan, the chairman of the federal reserve from 1987 to 2006. Greenspan admits free market ideology flawed former federal reserve chairman alan greenspan told a house committee thursday that the banking and housing crisis is.
For the edgar wallace story, see the man who knew novel. The secondlongestserving fed chairman, his tenure largely coincided with a period sometimes called the great moderation. The man who knew, the life and times of alan greenspan is an example of extensive narrative biography of one of the most revered men to ever serve as chair of the federal reserve, as well as one of the most widely hated figures of the current era, largely seen as a principal object of blame for the the 20082009 financial crisis. Sebastian mallaby brilliantly shows the subtlety and complexity of alan greenspans legacy. The man behind money presents the famous fed chairman as few know him. Was alan greenspan motivated by politics more than. The man who knew by sebastian mallaby overdrive rakuten. This carefully researched and elegantly written book will be essential reading for those who aspire to make policy and for anyone who wants to divine what drives the choices that our. Alan was good at everything he did, recalls stanford sanoff, a boyhood friend. Mallabys detailed and wellsourced accountsubject to the amendments in the next paragraph and at the end of this essaywill be essential for every future. This carefully researched and elegantly written book will be essential reading for those who aspire to make policy and for anyone who wants to divine what drives the choices that our leaders make.
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