The Age of Turbulence
by Alan Greenspan
Published: September 17, 2007
Genres: Memoir, Non-fiction
Format: Paperback (544 pages)
The Age Of Turbulence is Alan Greenspan’s incomparable reckoning with the contemporary financial world, channeled through his own experiences working in the command room of the global economy longer and with greater effect than any other single living figure. Following the arc of his remarkable life’s journey through his more than eighteen-year tenure as chairman of the Federal Reserve Board to the present, in the second half of The Age of Turbulence Dr. Greenspan embarks on a magnificent tour d’horizon of the global economy. 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.
This book has two parts. Part 1 is his autobiography and part 2 is various essays on the economy. The most interesting part of the book was the autobiography at the beginning. If you couldn’t get through that, it doesn’t get better. The exceptions to this are Chapter 21 Education and Income Inequality and the Epilogue – they were both very interesting and thought provoking.
If you want to know what the book says without going through the pain of reading the whole thing, the last chapter, the Delphic Future, summarizes the second half of the book fairly well. All in all a very dry book. However, I did feel a bond with Alan Greenspan because he was a musician before he went into finance. People thought it was weird that I changed my major from music to finance, but apparently Alan Greenspan did it, too! I liked this book, but then again I’m a finance major.
Content Rating: None