Accessibility Tools

  • Content scaling 100%
  • Font size 100%
  • Line height 100%
  • Letter spacing 100%

The battle of the bulge

by
March 2008, no. 299

The Age of Turbulence: Adventures in a new world by Alan Greenspan

Allen Lane, $59.95 hb, 531 pp

The battle of the bulge

by
March 2008, no. 299

Competition, free enterprise and globalisation are regularly criticised today for a range of sins. A counterbalance to such criticism, Alan Greenspan’s view is that continuing the current free-market approach to managing economies is the only way to ensure prosperity in ‘The Age of Turbulence’ in which we live.

Greenspan, now in his eighty-second year, has been a significant participant in, and student of, the global economy for the past sixty years. Based on that experience and the positions he has held, with arguably unique access to information and the best economic minds, his clear view is that the continuous rise in prosperity and living standards in the United States and globally is a direct result of competition, free enterprise and flexible economies, with minimum government interference.

Like it or not, the American economy is the largest in the world and certainly the most significant in terms of the workings of global markets, notwithstanding the recent rise of China and India. Accordingly, this book is particularly interesting for the insights it provides into American economic decision-making over recent decades.

The Age of Turbulence: Adventures in a new world

The Age of Turbulence: Adventures in a new world

by Alan Greenspan

Allen Lane, $59.95 hb, 531 pp

You May Also Like

Leave a comment

If you are an ABR subscriber, you will need to sign in to post a comment.

If you have forgotten your sign in details, or if you receive an error message when trying to submit your comment, please email your comment (and the name of the article to which it relates) to ABR Comments. We will review your comment and, subject to approval, we will post it under your name.

Please note that all comments must be approved by ABR and comply with our Terms & Conditions.