I really liked this book. I am only 24 and I even with 16 years of schooling I know very little of the last 50 years, especially when it comes to the economy. I thought this book was very insightful and though it was a very long book, I was not bored! The first half of the book was about Greenspan's life and all the turmoil and success of the past 80 years. The second half dealt with the global situation currently and deals specifically with the developing nations.
I think anyone that would like to understand how the world's economies have developed over the last 50 years, this is the perfect book to read. I really enjoyed it and would definetly recommend it.
Very interesting first half and last few chapters. The middle was better suited for an economist. For a non-economist way over my head.
If you are wondering why most citizens in the U.S. and even worldwide are hurting, you need look no further than the author. This is the biggest bunch of nonsense I've ever heard. Talk about trying to rewrite history and cover your tracks; he may fool some people, but not me. Lots of con-men have done this in the past, though none as eloquently as this guy. He belongs right up there with the thieves from Enron, Worldcomm, etc. Don't waste your time with this gibberish.
Who knew that Alan Greenspan was such a fascinating person and had led such a varied life. I was enlightened and intrigued, I learned a lot and some of it even stuck with me.
An honest and brilliant mentor is hard to come by for any amount of money. This book gives you that. A look into A-Z of global economic picture and a brief on capitalism.
The one thing he seem to have missed is people acting in thier own self interest in the free market would tend to benefit society as a whole EXCEPT IN GREED AND FEAR.