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  1. Vor 7 Stunden · There was a time when a Fed chair like Alan Greenspan could pride themselves on “mumbling with great incoherence”. Whether Trump wins the election or not, those days are gone.

  2. Vor 2 Tagen · Decades of Deregulation Set the Stage. The roots of the 2008 crisis can be traced to a decades-long trend of financial deregulation. Starting in the 1980s, a wave of laissez-faire economic policies championed by President Ronald Reagan and Federal Reserve Chairman Alan Greenspan began chipping away at many of the safeguards put in place after the Great Depression.

  3. Vor 17 Stunden · Alan Greenspan’s quip about the dangers of “irrational exuberance” – a form of truthlessness – has caused many a market bubble to form and then pop, leaving buyers sorry and angry over their unexpected losses. If truth drives markets to produce the “wealth of nations,” as Adam Smith observed, who then can we find to always be ...

  4. Vor 4 Tagen · To date, capitalism has arguably gone more wrong in Europe, where the state has been quicker to rescue and regulate, and growth in productivity and average incomes has slowed more than in the US ...

  5. Vor 2 Tagen · In 1987, Alan Greenspan, nominated by Republican Ronald Reagan to head the Fed, was confirmed 89-4. As late as 1997, Roger Ferguson and Ed Gramlich, Democrat Bill Clinton nominees to the Fed, were ...

  6. Vor 4 Tagen · Contrast this with two visits Alan Greenspan made to the former Soviet Union in the second half of the 20 th century, albeit roughly thirty years apart. What struck him was that the tractors in ...

  7. Vor einem Tag · Like Alan Greenspan, Judy Shelton should have stayed far away from the Fed. Their worldviews are fundamentally at odds with the idea of a politicized banking cartel. But the lure of power is intoxicating, and Fed membership pays bills that principles don’t.