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-   -   Alan Greenspan has a new book out (http://www.cougarguard.com/forum/showthread.php?t=11891)

Colly Wolly 09-18-2007 03:21 AM

Alan Greenspan has a new book out
 
It's called "The Age of Turbulence". Anyone reading this that can comment on whether it is good or not? Anyone looking into reading it at all? I might have to pick this one up.

I don't know a whole lot about Greenspan, other than he is considered by most to be a genius and the master behind the growth and prosperity in the American economy over the last 20 years.

Mormon Red Death 09-18-2007 05:33 PM

I plan on reading it...

FMCoug 09-18-2007 05:34 PM

Quote:

Originally Posted by Mormon Red Death (Post 124979)
I plan on reading it...

As do I. On a related note, I'm troubled by Greenspan's actions in general recently. He needs to shut his pie hole and let Bernanke do his job.

Colly Wolly 09-23-2007 01:14 AM

I picked up the book today at Walmart. So far so good.

ChinoCoug 09-24-2007 01:02 AM

dang, I missed his book signing at hte politic & prose bookstore last wednesday.

Colly Wolly 10-09-2007 12:35 AM

I'm about a 3rd of the way through this and really enjoying it.

What I am finding most interesting is how benevolent he is towards Bill Clinton.

I was a teenager during the Clinton years, and all I can really remember about him is the sex scandals. My father was, and is, filled with an unholy hatred of everything Bill Clinton. My dad once wrote me as a missionary "Bill Clinton has done more to tarnish the image and reputation of the office of the President of the United States than any other previous President". Something along those lines.

But it's hard to argue with why Greenspan had such a good opinion of Slick Willy: he had a profound interest in economic issues and in nurturing the nation's economy, he was fiscally responsible and had the resolve and foresight to balance the budget, and he was personable and smart as a whip.

We'll see what he has to say about Y2K, 9/11, and the ensuing recession and beyond.

Parrot Head 10-09-2007 04:19 AM

I recently watched an "abridged" version on a CNBC special and it looks really interesting, but I don't expect to have enough time in the next few months to read it as much as I would like. I recommend the show if you have an hour.

ChinoCoug 01-21-2008 01:23 AM

Amazing book. Interesting story: after the wall fell he gave his first speech to the Russians, and he was startled by how quickly they understood his speeches on free markets.


Turns out, the Communists allowed econometrics books to be read, because they were supposedly mathematical and technical, devoid of ideology. Yet those econometrics equations had tons of capitalist variables in them, e.g., consumer choice.


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