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The Man Who Knew - The Life and Times of Alan Greenspan (Paperback)
Loot Price: R440
Discovery Miles 4 400
You Save: R36
(8%)
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The Man Who Knew - The Life and Times of Alan Greenspan (Paperback)
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List price R476
Loot Price R440
Discovery Miles 4 400
You Save R36 (8%)
Expected to ship within 12 - 17 working days
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WINNER OF THE 2016 FT & McKINSEY BUSINESS BOOK OF THE YEAR
AWARD, this is the biography of one of the titans of financial
history over the last fifty years. Born in 1926, Alan Greenspan was
raised in Manhattan by a single mother and immigrant grandparents
during the Great Depression but by quiet force of intellect, rose
to become a global financial 'maestro'. Appointed by Ronald Reagan
to Chairman of the Federal Reserve, a post he held for eighteen
years, he presided over an unprecedented period of stability and
low inflation, was revered by economists, adored by investors and
consulted by leaders from Beijing to Frankfurt. Both data-hound and
eligible society bachelor, Greenspan was a man of contradictions.
His great success was to prove the very idea he, an advocate of the
Gold standard, doubted: that the discretionary judgements of a
money-printing central bank could stabilise an economy. He resigned
in 2006, having overseen tumultuous changes in the world's most
powerful economy. Yet when the great crash happened only two years
later many blamed him, even though he had warned early on of
irrational exuberance in the market place. Sebastian Mallaby
brilliantly shows the subtlety and complexity of Alan Greenspan's
legacy. Full of beautifully rendered high-octane political
infighting, hard hitting dialogue and stories, The Man Who Knew is
superbly researched, enormously gripping and the story of the
making of modern finance.
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