Age of Turbulence: Adventures in a New World by Alan Greenspan

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When Alan Greenspan speaks, the entire world listens. During his 18-year tenure (1987-2006) as Federal Reserve Board chairman, he presided over the American economy; but even after he left that job, his influence remained. When he forecast a U.S. recession in early 2007, stock markets responded with their biggest one-day drop since 9/11. We expect that money watchers will be equally attentive to the nuances of this detailed (640-page) memoir of his astonishing career.

From the Publisher

The Age Of Turbulence is Alan Greenspan's incomparable reckoning with the contemporary financial world, channeled through his own experiences working in the command room of the global economy longer and with greater effect than any other single living figure. Following the arc of his remarkable life's journey through his more than eighteen-year tenure as chairman of the Federal Reserve Board to the present, in the second half of The Age of Turbulence Dr. Greenspan embarks on a magnificent tour d'horizon of the global economy. 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.

The Washington Post - Sebastian Mallaby

Greenspan's political memoir, which occupies the first half of the book, is readable, lucid and sometimes a bit thin on the dilemmas of monetary policy. In the book's second half, Greenspan the charmer makes way for Greenspan the technician, and the result is a 250-page essay on globalization. His overviews of Russia, India and China say little that is not familiar to attentive readers of the news. But the last chapter makes a powerful and remarkably self-deprecating point. Readers who persevere will feel rewarded.

The New York Times - Michael Kinsley

Not only can Greenspan discourse lucidly on economic matters, but he has also written the most unexpectedly charming Washington insider memoir since Katharine Graham's a decade ago. The books are very different. The charm of Graham's was its frankness. The publisher of The Washington Post dished and dissed, starting with her mother. Greenspan is the soul of tact. Far too many people are labeled as his "friend." Even the mildest criticism is prefaced by a statement of high regard and/or followed by an expression of regret. He doesn't lay a glove on his mother. The charm of Greenspan's book is its self-portrait.

BusinessWeek - Michael Mandel

Most people will read Greenspan's book for the shock value of his attack on Republicans. But they also will find that Greenspan's well-informed musings offer much more food for thought than the usual government official memoir.

Product Details

• Table of Contents

Table of Contents