wnyc.org / 93.9fm / am 820

Home Economics

Monday, September 17, 2007

Alan Greenspan served as Chairman of the Federal Reserve Board for nearly two decades. In his memoir, The Age of Turbulence, he describes his childhood in New York and early career as a jazz clarinetist, explains how he became an economist and entered public service, and shares his unique perspective on the evolution of the American economy.

Purchase The Age of Turbulence: Adventures in a New World at amazon.com.


Comments

  • [1] Superf88 from Joisey September 17, 2007 - 07:39AM

    As a free market lover, what crossed your mind when bankers and investors came to buy or sell billions in securities, etc. -- based on the girth of the briefcase you carried each time you announced the official government interest rate level?

    By the way -- Where is that briefcase now? How much would you sell it for? Has it other magic powers or just the one?


  • [2] Chad Harris from Ridgewood September 17, 2007 - 10:46AM

    Hi,

    Can you please ask Mr. Greenspan about his comments concerning the primary goal of the Iraq War was for oil?

    He was featured on 60 Minutes last night but it was not mentioned. I don't understand. This is NEWS.

    Please I know from previous shows Brian Leher didn't want to talk about oil a few weeks ago.

    It's the pink elephant.

    Here is the link:

    http://www.truthout.org/docs_2006/091707M.shtml


  • [3] LevineJ from New Jersey September 17, 2007 - 11:24AM

    Mr. Greenspan:

    Our largest costs -- Property Values, Health Care, Education -- have been inflating by 10-30% annually for at least a decade, while paychecks have increased relatively slightly or dropped.

    So which is more risky, from the macro view:

    1. inflation of paychecks (to match increases of the above costs),

    or

    2. the current solution, excessive borrowing?

    Or do you recommend a third way.


  • [4] Boris from New Jersey September 17, 2007 - 12:06PM

    Official inflation numbers remain very low. However, one has to live on the Moon not to see price increases. Can statistics provided by the US government be trusted? Another one on the same topic – why did Federal Reserve stop publishing money supply measures, like M3?


  • [5] AWM from UWS September 17, 2007 - 12:21PM

    Mr. Greenspan,

    Is Africa on your radar?

    The latest credit crunch did not have a negative effect on the entire world. The African capital markets, whose 2002 - 2006 Market Capitalization is up 389% and 2002 - 2006 Value Traded is up 439% have proven themselves uncorrelated to this mess.


  • [6] Joe Corrao from Brooklyn September 17, 2007 - 12:29PM

    If Dick Cheney is his Old Friend...we are in trouble then...why don't u throw him a few more softballs Lenny...ask him about his grand kids...or about Mozart


  • [7] Ryan from NJ September 17, 2007 - 12:31PM

    What was the mechanism by which Saddam was going to interrupt the worlds oil supply in 2003? The man couldn't control his own air space.


  • [8] Chad Harris from Ridgewood, Queens September 17, 2007 - 12:31PM

    He is just back-tracking now but historically he will cover his butt.

    Great job questioning him... right. GRILL HIM.


  • [9] Chad Harris from Ridgewood, Queens September 17, 2007 - 12:33PM

    So he thinks it was cool to kill a 500,000-1 Million people? All these troops blood spilled???? For oil? Is he insinuating we were mislead into this war?

    ASK HIM??????????


  • [10] Ryan from NJ September 17, 2007 - 12:34PM

    Has Mr Greenspan been asked why he spoke about the virtues of ARMs & then began raising interest rates almost immediately? This made getting ARMs an awful decision.


  • [11] Joe Corrao from Brooklyn September 17, 2007 - 12:35PM

    Lenny run out and get him a sandwich...dead air would be more truthful


  • [12] Occasional Observer from Local September 18, 2007 - 06:07PM

    Unfortunately, when Greenspan practices Home Ec, his home's the world. And he doesn't treat it as a rental.


Leave a Comment

Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. WNYC reserves the right to edit any comments posted on this site. Please read the WNYC.org Comment Guidelines before posting.

Your comment


* required
The information entered into this form will not be used to send unsolicited email and will not be sold to a third party.
 
Back to Episode