The Age of Turbulence: Adventures in a New World [FIRST EDITION, FIRST PRINTING]

Greenspan, Alan

Published by The Penguin Press, New York, 2007

About this Item

As new condition maroon boards with gold front cover author initials and gold spine lettering, contained in an as new condition non price-clipped color photographic dust jacket. Includes Dedication; Introduction; Acknowledgments; A Note on Sources; and Index. Illustrated with sections of black-and-white photographs. "Alan Greenspan conveys the education of a lifetime. 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, occurring 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. Yet 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. We are truly living in a new world, he reflected, not for the first time nor for the last. The Age of Turbulence is Alan Greenspan's incomparable reckoning with the nature of this new world, channeled through his own experiences of 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 morning of September 11, but then leaps back to his childhood and follows the arc of his remarkable life's journey through his more than eighteen-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 that he has experienced and shaped. But his other goal is to draw readers along the same learning curve he followed, so that they gain 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 d'horizon of the global economy. He reveals the universal of economic growth, delves into the specific facts on the ground in each of the major countries and regions of the world, and explains where the trend lines of globalization point 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." - from the inner front and rear jacket flaps. Seller Inventory # 002873

Bibliographic Details

Title: The Age of Turbulence: Adventures in a New ...

Publisher: The Penguin Press, New York

Publication Date: 2007

Binding: Hardcover

Condition: As New

Dust Jacket Condition: As New

Edition: 1st Edition