Magazine article Foreign Affairs

The Man Who Knew: The Life and Times of Alan Greenspan

Magazine article Foreign Affairs

The Man Who Knew: The Life and Times of Alan Greenspan

Article excerpt

Economic, Social, and Environmental The Man Who Knew: The Life and Times of Alan Greenspan BY SEBASTIAN MALLABY. Penguin Press, 2016, 800 pp.

In his nearly two decades as chair of the Federal Reserve Board, Alan Greenspan-"the maestro," as he was known in his heyday in the 1990s- became the most influential economic policymaker in the world and arguably the world's most important economist. Mallaby's masterful biography-which doubles as an excellent economic history of the past three decades-tells a story of Greenspan's technocratic ascent, from his modest boyhood in New York City, to a young adulthood colored by his philosophical attraction to the antigovernment libertarianism of the novelist Ayn Rand, to his career as a high-flying economic consultant, and finally to his rise to the pinnacle of power at the Fed. …

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