The Age of Turbulence: Adventures in a New World
After reading this it is no wonder we got into such a mess.If success in life is about luck, disposition and discipline, how come so many people forget about the first element. I recognise the capacity of intellect and being in a social circle of similar people of influence can have it's benefits, and that hindsight makes all things easier to explain.But greed & inequality do not seem to change over history, and mother nature is a dynamic system of which we still know very little.Greenspan's
This is a solid autobiography with some interesting twists. Thus far, many reviewers focus their attention on his assessment of presidents. While this is interesting, there is a lot more to this book than that. Indeed, a brief line on page 14 is a subtext throughout those portions of the book dealing with his public life (page 14): "If the story of the past quarter century has a one-line plot summary, it is the rediscovery of the power of market capitalism." He also notes, as another subtheme,
I actually thought this book was quite good. Greenspan, according to popular perception, has been proved wrong by events of the past couple of years. I still don't feel that I understand this whole financial crisis (nor economics in general) well enough to have a strong opinion on that, but I did find much of Greenspan's logic to be compelling. Most compelling was the foundation that he seemed to be working from, which is that there are basically standard economic principles (which seem to be
Blaise Pascal apologized to a correspondent for a long letter because he didnt have time to make it short. Alan Greenspan may have been similarly constrained.The Age of Turbulence consists of three main parts in its 505 pages. The first half is an autobiography where we learn of his New York roots, his love of music and the development of the economic analyst and political entrepreneur. Next are chapters reviewing the economic development of China, India, Russia and Latin America. The final
The first half of the book is a pretty straight forward memoir. He details the beginning of his career, his consulting firms, old-school number crunching, and all the other things one would expect from an economist.The second half of the book is a whirlwind "Around the world in 80 criticisms." Greenspan tells us what he thinks is wrong with every national economy. The answer is always "cut back government and let the market do its job" -- even in the fact of glaring inequalities like India. He
Revisited 10/8/08-Okay so in light of the financial meltdown currently going on- I'd like to bring attention to my comments on Greenspan's flawed view of "minimally regulated capitalism"... I was right!!! The deregulation (and, in retrospect, easy credit years) of the Greenspan era isn't really Greenspan's fault, since this isn't the Fed's primary role. He has always advocated deregulation, however, and argued throughout his reign (and in his book) that that government regulators aren't capable
Alan Greenspan
Hardcover | Pages: 575 pages Rating: 3.62 | 6509 Users | 598 Reviews
Identify Out Of Books The Age of Turbulence: Adventures in a New World
Title | : | The Age of Turbulence: Adventures in a New World |
Author | : | Alan Greenspan |
Book Format | : | Hardcover |
Book Edition | : | Deluxe Edition |
Pages | : | Pages: 575 pages |
Published | : | September 17th 2007 by Penguin |
Categories | : | Economics. Nonfiction. Biography. Business. History. Finance. Politics |
Ilustration During Books The Age of Turbulence: Adventures in a New World
The most remarkable thing that happened to the world economy after 9/11 was ...nothing. What would have once meant a crippling shock to the system was absorbed astonishingly quickly, partly due to the efforts of the then Chairman of the Federal Reserve Board, Alan Greenspan. The post 9/11 global economy is a new and turbulent system - vastly more flexible, resilient, open, self-directing, and fast-changing than it was even twenty years ago. The Age of Turbulence is an incomparable 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 or ill, channelled through Greenspan's own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure.Present Books To The Age of Turbulence: Adventures in a New World
Original Title: | The Age of Turbulence: Adventures in a New World |
ISBN: | 0713999829 (ISBN13: 9780713999822) |
Edition Language: | English |
Literary Awards: | Financial Times and McKinsey Business Book of the Year Nominee for Shortlist (2007) |
Rating Out Of Books The Age of Turbulence: Adventures in a New World
Ratings: 3.62 From 6509 Users | 598 ReviewsAssessment Out Of Books The Age of Turbulence: Adventures in a New World
This book actually made me want to meet the man. I thought that anyone who would pick a career like his had to have the personality of a water cracker, but he seems to have a sense of humor. Yes, he does name drop a lot, but who cares? I think my favorite thing about this book is that he had to have written the stuff about what's wrong with our political system and his forcasts for our country and the world before he retired... he makes some pretty ballsy statements.After reading this it is no wonder we got into such a mess.If success in life is about luck, disposition and discipline, how come so many people forget about the first element. I recognise the capacity of intellect and being in a social circle of similar people of influence can have it's benefits, and that hindsight makes all things easier to explain.But greed & inequality do not seem to change over history, and mother nature is a dynamic system of which we still know very little.Greenspan's
This is a solid autobiography with some interesting twists. Thus far, many reviewers focus their attention on his assessment of presidents. While this is interesting, there is a lot more to this book than that. Indeed, a brief line on page 14 is a subtext throughout those portions of the book dealing with his public life (page 14): "If the story of the past quarter century has a one-line plot summary, it is the rediscovery of the power of market capitalism." He also notes, as another subtheme,
I actually thought this book was quite good. Greenspan, according to popular perception, has been proved wrong by events of the past couple of years. I still don't feel that I understand this whole financial crisis (nor economics in general) well enough to have a strong opinion on that, but I did find much of Greenspan's logic to be compelling. Most compelling was the foundation that he seemed to be working from, which is that there are basically standard economic principles (which seem to be
Blaise Pascal apologized to a correspondent for a long letter because he didnt have time to make it short. Alan Greenspan may have been similarly constrained.The Age of Turbulence consists of three main parts in its 505 pages. The first half is an autobiography where we learn of his New York roots, his love of music and the development of the economic analyst and political entrepreneur. Next are chapters reviewing the economic development of China, India, Russia and Latin America. The final
The first half of the book is a pretty straight forward memoir. He details the beginning of his career, his consulting firms, old-school number crunching, and all the other things one would expect from an economist.The second half of the book is a whirlwind "Around the world in 80 criticisms." Greenspan tells us what he thinks is wrong with every national economy. The answer is always "cut back government and let the market do its job" -- even in the fact of glaring inequalities like India. He
Revisited 10/8/08-Okay so in light of the financial meltdown currently going on- I'd like to bring attention to my comments on Greenspan's flawed view of "minimally regulated capitalism"... I was right!!! The deregulation (and, in retrospect, easy credit years) of the Greenspan era isn't really Greenspan's fault, since this isn't the Fed's primary role. He has always advocated deregulation, however, and argued throughout his reign (and in his book) that that government regulators aren't capable
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