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The age of turbulence : adventures in a new world / Alan Greenspan.

by Greenspan, Alan, 1926-

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New York : Penguin Press, c2007.

Greenspan, Alan, 1926-

Government economists -- United States -- Biography.

United States -- Economic conditions -- 1945-

531 p., [32] p. of plates : ill. ; 25 cm.

Bibliography Note:

Includes bibliographical references (p. [510]-512) and index.

City kid -- The making of an economist -- Economics meets politics -- Private citizen -- Black Monday -- The fall of the wall -- A Democrat's agenda -- Irrational exuberance -- Millennium fever -- Downturn -- The nation challenged -- The universals of economic growth -- The modes of capitalism -- The choices that await China -- The tigers and the elephant -- Russia's sharp elbows -- Latin America and populism -- Current accounts and debt -- Globalization and regulation -- The "conundrum" -- Education and income inequality -- The world retires. But can it afford to? -- Corporate governance -- The long-term energy squeeze -- The Delphic future.

After 9/11, Alan Greenspan, Chairman of the Federal Reserve Board, knew, if he needed any further reinforcement, that we're living in a new world--the world of a global capitalist economy that is vastly more flexible, resilient, open, self-directing, and fast-changing than it was even 20 years ago. It's a world that presents us with enormous new possibilities but also enormous new challenges. This book is Alan Greenspan's reckoning with the nature of this new world--how we got here, what we're living through, and what lies over the horizon, for good and for ill--channeled through his own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure.--From publisher description.

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