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Retrieved November 9, He discusses the rapid historical growth of the U.

Greenspan also decries the lack of quality public secondary education for the “masses”, particularly in mathematics and the sciences, and how this problem contributes to the divergence of rich and poor within the United States. His support for market capitalism is not without criticism.

This includes the anxiety often expressed within a society as ” creative destruction ” plays out. New York Review of Books. Sanger September 15, Bush include his refusal to veto new federal legislation, thus increasing spending with unprecedented ease. Turbulencoa to import images to Wikidata.

The Age of Turbulence – Wikipedia

His opinions frequently run counter to his well-known Republican political loyalties, which he also makes no effort to hide”. By using this site, you agree to the Terms of Use and Privacy Policy.


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In Greenspan’s view, free market capitalism is the economic approach that “trumps” other forms attempted thus far in human history. Retrieved May 9, The second half of the book retells several major economic events primarily within the United States that have occurred over the past half century.

The first half of The Age of Turbulence is an autobiographical chronology of Greenspan’s life that shows readers the people and circumstances that helped shape and guide Greenspan—from hours of clarinet and saxophone practice to living-room philosophy with Ayn Rand. His support of Adam Smith ‘s ” invisible hand “, i. Friedman March 20, Retrieved May 8, Retrieved from ” https: The Economist considered the book to be “first-rate”, noting that “it engages on different levels: Greenspan’s criticisms of President George W.

Adventures in a New World Hardcover edition. It details his economic endeavors and personal observations while serving under various U.

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Greenspan said that he wrote the book in longhand mostly while soaking in the bathtub, a habit he regularly employed since an accident inwhen he injured his back. This page was last edited on 8 Decemberat The Age of Turbulence: Retrieved December 7, Friedman was largely praising of the book, describing it as “clearly written and easy to read and understand” and says that Greenspan is “forthright in sharing his views on not only policy issues but also the personalities of many of the people with whom he worked during his time in office.

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Views Read Edit View history. His opinion of Clinton’s governance was one which maintained “a consistent, disciplined focus on long-term economic growth”. Of all the presidents with whom he worked, Greenspan praises Gerald Ford above all others, but also has high praise for Bill Clinton.

Books by Alan Greenspan (Author of The Age of Turbulence)

The latter half of the book also includes an analysis and brief history of major global economic constructs— Marxist communismpopulismand various mutations of market capitalism —along with Greeenspan opinions about their relative merits and shortcomings. The American Prospect, Inc.

From Wikipedia, the free encyclopedia. Books about capitalism non-fiction books.