RIP Alan Greenspan: you were charming, powerful, and wrong | Robert Reich

RIP Alan Greenspan: you were charming, powerful, and wrong | Robert Reich

Alan Greenspan, who passed away at 100, was the influential chair of the Federal Reserve for over a decade and wielded significant power over the US economy. Despite his intelligence and charm, Robert Reich argues he had a critical blind spot that ultimately led to major economic missteps. This piece reflects on Greenspan's legacy, emphasizing his outsized influence and the lessons that should be learned from his tenure, especially regarding the importance of economic foresight and regulation. Greenspan's life and decisions continue to shape economic discourse and policy debates today.

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