Dr. Alan Greenspan discusses how the United States and Europe are drags on global economic growth. Greenspan is in conversation with David Leonhardt. Location: Doerr-Hosier, McNulty Room
Alan Greenspan is president of Greenspan Associates, LLC and was the 13th chairman of the Federal Reserve Board, a position he held for more than 18 years. From 1974 to 1977, Greenspan was chairman of President Gerald Ford’s Council of Economic Advisers; and from 1981 to 1983, he served as chairman of the National Commission on Social Security Reform. Before his appointment to the Fed in 1987, Greenspan served as a director of J.P. Morgan, Mobil, Alcoa, General Foods, and Capital Cities/ABC. He has received the Legion of Honor from France, became an honorary Knight Commander of the British Empire, and received the Medal of Freedom, the highest civil award in the US. He is the author of The Age of Turbulence: Adventures in a New World.
David Leonhardt is an economics columnist for The New York Times and a staff writer for The New York Times Magazine. He recently won the Pulitzer Prize for distinguished commentary for his “graceful penetration of America’s complicated economic questions, from the federal budget deficit to health care reform.” Leonhardt founded the Times’s Economix blog in 2008, and an analytical sports column called Keeping Score in 2004. Before joining the Times in 1999, Leonhardt worked for Businessweek magazine and for the metro desk of The Washington Post. His 2008 story, “Obamanomics,” won the Gerald Loeb Award for magazine writing. Leonhardt appears frequently on public radio and television, and lectures at universities.
I think that despite the minor steps taken by European leaders in recent months that the crisis will drag on for some time to come. A resolution on bank and personal debt it still an issue largely not resolved.