Word: greenspans
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
High Point: United States Secretary of Treasury under President Clinton from 1995 to 1999. Fiscal policy paved way for greatest national economic expansion since the 1950s; buddies with Clinton and Greenspan...
Past Commencement speakers have included United Nations Secretary-General Kofi A. Annan, Nobel laureate Amartya K. Sen, Federal Reserve Chair Alan Greenspan, former U.S. Secretary of State Madeleine K. Albright and former Vice President Al Gore...
...Greenspan, a former jazz musician (he played clarinet and sax) and a disciple of free-market philosopher Ayn Rand, frequently confronts such agonizing choices. As the Clinton era drew to a close, he correctly foresaw the brewing bubble in high-tech stocks. He searched for a way to alert investors, famously referring to an "irrational exuberance" building up in the stock market. But he refused to say more, believing a sudden collapse in share prices would carry more risk than allowing the market to discover the bubble itself. The high-tech balloon continued to inflate for several years after...
Over the years, Greenspan has shown a knack for forecasts that have pleased Wall Street and Main Street alike. In mid-September he raised short-term rates one-quarter of a percentage point amid mixed signals on the economy. Growth is relatively robust, despite high energy prices, fears of a housing bubble and spots of stubborn unemployment. This time Greenspan was betting not just that the good news would prevail but also that America might soon confront the risk of renewed inflation. Greenspan is fond of noting that his job involves the study of how human beings react...
...following pages, you will meet some of them. There's Hiroshi Tsutsumi, who tries to predict the behavior of one of the most fickle, most influential demographics in the world: the Tokyo hipster. Former jazz musician (and current Federal Reserve Chairman) Alan Greenspan has been staring the future in the face for years and has to put our money (and his) where his mouth is. Peter Schwartz is the man whom Senators, CEOS and movie directors go to for previews of the future. He predicted the rise of OPEC in the 1970s and the fall of the World Trade Center...