LEADER 03473nam 2200637 a 450 001 9910823071603321 005 20240410091915.0 010 $a981-256-760-7 035 $a(CKB)1000000000334220 035 $a(EBL)244560 035 $a(OCoLC)475965604 035 $a(SSID)ssj0000100804 035 $a(PQKBManifestationID)11109119 035 $a(PQKBTitleCode)TC0000100804 035 $a(PQKBWorkID)10037658 035 $a(PQKB)11491254 035 $a(MiAaPQ)EBC244560 035 $a(WSP)00005987 035 $a(Au-PeEL)EBL244560 035 $a(CaPaEBR)ebr10173929 035 $a(CaONFJC)MIL491669 035 $a(EXLCZ)991000000000334220 100 $a20050929d2006 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAlan Greenspan $ethe oracle behind the curtain /$fby E. Ray Canterbery 205 $a1st ed. 210 $aNew Jersey $cWorld Scientific$d2006 215 $a1 online resource (208 p.) 300 $aDescription based upon print version of record. 311 $a981-4338-17-6 311 $a981-256-606-6 320 $aIncludes bibliographical references (p. 168-180) and index. 327 $aCONTENTS; A PERSONAL NOTE; ONWARD; 1 GREENSPAN AND THE MYTH OF HIS PURITY; 2 ADAM SMITH, FREE MARKETS AND THE GREENSPAN STANDARD; 3 WHEN MARKETS HAVE FAILED, GREENSPAN HAS BEEN ON THE SCENE; 4 THE INDEPENDENCE OF ALAN GREENSPAN AND THE FEDERAL RESERVE SYSTEM; 5 FEDSPEAK AND THE INNOCENT HYPOCRISY OF INDEPENDENCE; 6 WHITE HOUSE DEPENDENCE AND THE HYPOCRISY OF PERSONAL INTERFERENCE; 7 GREENSPANMAIL REDEFINES THE NEW DEMOCRATS; 8 FED AND WHITE HOUSE DEPENDENCE ON WALL STREET INVESTMENT BANKERS; 9 THE FABLE OF THE GOLDILOCKS ECONOMY; 10 THE WOLF AT THE DOOR OF ORDINARY WORKERS 327 $a11 GLOBAL MARKET FAILURES12 THE COLLAPSE OF THE GREAT AMERICAN STOCK MARKET BUBBLE; 13 DERIVATIVES: THROWING IN THE CHIPS; 14 FED DEPENDENCE ON HEDGE FUNDS?; 15 GREENSPAN TAKES US FROM GOLDILOCKS TO THE SOFT PATCH AND BACK AGAIN; 16 THE HOUSING BUBBLE CONUMDRUM; 17 SOCIAL SECURITY: ON THE CUTTING EDGE OF FEDERAL BUDGET DEFICITS; 18 GETTING PERSONAL WITH SAVINGS, AT HOME AND ABROAD; 19 KING ALAN II; 20 PROSPECTS FOR REFORM; NOTES; INDEX 330 $aThere is an endless supply of rave reviews for Alan Greenspan and the Fed. This is due to Greenspan's political manipulations, the reluctance of politicians to challenge the Federal Reserve, the press corps' willingness to trade glowing reviews for access, and private economists with ambitions of becoming Fed Governors. With Greenspan's announced retirement, the devastating effects of Fed actions are mounting. Even as institutional reforms are suggested, it is shown how they have been blocked by an ideology favored by financial wealth-holders at the expense of wage labor.This thought-p 606 $aGovernment economists$zUnited States$vBiography 606 $aMonetary policy$zUnited States 607 $aUnited States$xEconomic policy$y1981-1993 607 $aUnited States$xEconomic policy$y1993-2001 607 $aUnited States$xEconomic policy$y2001-2009 615 0$aGovernment economists 615 0$aMonetary policy 676 $a332.1/1092 676 $aB 700 $aCanterbery$b E. Ray$0124936 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910823071603321 996 $aAlan Greenspan$93997005 997 $aUNINA