The most remarkable thing that happened to the worldeconomy after 9/11 was ... nothing. What would have oncemeant a crippling shock to the system was absorbed astonishingly quickly, partly due to theefforts of the then Chairman of the Federal Reserve Board, Alan Greenspan.
The post 9/11 global economy is a new and turbulent system - vastly more flexible, resilient, open, self-directing, and fast-changing than it was eventwenty years ago. The Age of Turbulence will bean incomparable reckoning with the nature of this new world - how we got here, what we`re living through, and what lies over the horizon, for good or ill, channelled throughGreenspan`s own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure.
Hewill share the story of his life with an eye to doing justice to the extraordinary years he has experienced and shaped, taking full measure of the individuals who made strong impressions on him, including every US President from Nixon to George W. Bush, and the great crises and challenges that they faced. But his other goalisto draw readers along the same learning curve he followed, so theyhave a grasp of his own hard-won, layered understanding of the dynamics that drive world events. 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.
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