Alan Greenspan
My choice for a paper was to write about ALAN GREENSPAN. Alan Greenspan is very intriguing and interesting because of his long history of achievements and staying power in the Federal Government system as the Chairman of the Federal Reserve Board. (Board of Governors)Alan Greenspan served under the administration of several Presidents and is currently holding his office until the year 2004. Alan Greenspan was born March 6th 1926, in New York, the son of a Stockbroker and retail worker. Mr. Greenspan, at an early age and at that time called Alan by his parents, would dazzle them by solving mathematical puzzles in his head . Alan Greenspan, at age 19 enrolled as an Economics student at New York University. He has a B.S. in economics (summa cum laude) in 1948, M.A. in economics in 1950, Ph. D. in economics in 1977, all from New York University. Dr. Greenspan has received honorary degrees from Harvard, Yale, Pennsylvania, Leuven (Belgium), Notre Dame, Wake Forest, and Colgate universities. His other awards include the Thomas Jefferson Award for the Greatest Public Service Performed by an elected or appointed official, presented by the American Institute for Public Service, 1976 (Jo
Alan Greenspan was a child during the depression and became President Gerald Ford’s top economic advisor during the economic woes of the mid-70s, and ascended to his current post mere months before the stock market crash of 1987. int recipient with Dr. Arthur Burns and Williams Simon); election as a Fellow of the American Statistical Association, 1989; and decorated Legion of Honor (Commander) France, 2000. Alan Greenspan first tasted public life as director of policy research for Richard Nixon’s 1968 presidential campaign. President Ford appointed Greenspan chairman of his Council of Economic Advisers. He took a breather form government during the Carter administration and returned to Washington in 1987; When President Ronald Reagan nominated him as Federal chairman. In dealing with the deficit and economic recovery Alan Greenspan stated that he is in no hurry to raise interest rates. In the next passage, of this article proves my theory about Dr. Greenspan’s liberalism. With bond trader William Townsend he founded an economic consulting firm, New York’s Townsend-Greenspan & Co. Inc., which prospered until 1987 when Greenspan dissolved it to pursue his career at the Federal level. By the way he is concerned about the public household and is concerned about the human aspect and consequences of government spending and taxing.
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Approximate Word count = 1361
Approximate Pages = 5 (250 words per page double spaced)
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