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단행본

(The) age of turbulence: adventures in a new world

개인저자
Alan Greenspan
발행사항
New York : Penguin Press, 2007
형태사항
531p. : ill.; 25 cm
ISBN
9781594201318
청구기호
320.942099 G798a
서지주기
Includes bibliographical references (p. [510]-512) and index
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책 소개
In the immediate aftermath of September 11, 2001, in his fourteenth year as Chairman of the Federal Reserve Board, Alan Greenspan took part in a very quiet collective effort to ensure that America didn't experience an economic meltdown, taking the rest of the world with it. There was good reason to fear the worst: the stock market crash of October 1987, his first major crisis as Federal Reserve Chairman, coming just weeks after he assumed control, had come much closer than is even today generally known to freezing the financial system and triggering a genuine financial panic. But the most remarkable thing that happened to the economy after 9/11 was...nothing. What in an earlier day would have meant a crippling shock to the system was absorbed astonishingly quickly. After 9/11 Alan Greenspan knew, if he needed any further reinforcement, that we're living in a new world - the world of a global capitalist economy that is vastly more flexible, resilient, open, self-directing, and fast-changing than it was even 20 years ago. It's a world that presents us with enormous new possibilities but also enormous new challenges. The Age of Turbulence is Alan Greenspan's 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 and for ill-channeled through his own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure. He begins his account on that September 11th morning, but then leaps back to his childhood, and follows the arc of his remarkable life's journey through to his more than 18-year tenure as Chairman of the Federal Reserve Board, from 1987 to 2006, during a time of transforming change. Alan Greenspan shares the story of his life first simply with an eye toward doing justice to the extraordinary amount of history he has experienced and shaped. But his other goal is to draw readers along the same learning curve he followed, so they accrue a grasp of his own understanding of the underlying dynamics that drive world events. In the second half of the book, having brought us to the present and armed us with the conceptual tools to follow him forward, Dr. Greenspan embarks on a magnificent tour de horizon of the global economy. He reveals the universals of economic growth, delves into the specific facts on the ground in each of the major countries and regions of the world, and explains what the trend-lines of globalization are from here. The distillation of a life's worth of wisdom and insight into an elegant expression of a coherent worldview, The Age of Turbulence will stand as Alan Greenspan's personal and intellectual legacy.
목차

Introduction 1
City Kid 19
The Making of an Economist 38
Economics Meets Politics 54
Private Citizen 77
Black Monday 100
The Fall of the Wall 123
A Democrat's Agenda 142
Irrational Exuberance 164
Millennium Fever 182
Downturn 206
The Nation Challenged 226
The Universals of Economic Growth 249
The Modes of Capitalism 267
The Choices That Await China 294
The Tigers and the Elephant 311
Russia's Sharp Elbows 323
Latin America and Populism 334
Current Accounts and Debt 346
Globalization and Regulation 363
The "Conundrum" 377
Education and Income Inequality 392
The World Retires. But Can It Afford To? 409
Corporate Governance 423
The Long-Term Energy Squeeze 437
The Delphic Future 464
Epilogue 507
Acknowledgments 533
A Note on Sources 537
Bibliography 541
Index 545