Alan Greenspan

The composition of the Delaney commission would include a majority of members appointed by Republicans who want to cut and even dismantle Social Security.
The knee jerk reaction to this is to get mad and call for an end to shareholder capitalism: capitalism that favors the shareholders
A summit of the four living U.S. central bank chiefs generated a surprising amount of agreement.
Team Hillary clearly wants to pigeon-hole Sanders on one side of the debate hoping to isolate him from Black and Latino voters. But her strategy is likely to fail. As minority voters get to know Sanders better, his message is likely to erode Hillary's support.
The movie's coda informs us that despite the enormous damage done by Wall Street, little has changed. That's simply not true. So what's missing from "The Big Short"? For starters: Dodd-Frank, Elizabeth Warren, Occupy Wall Street and Bernie Sanders.
As a proponent of both democracy and capitalism, I've always wondered why opponents have negatively critiqued capitalism. Until the Wall St. Crash of 2008, and its subsequent Great Recession, I took no notice. The basic argument against was greed. 2008 confirmed this.
Hillary knows that the disastrous legislation, the Commodity Futures Modernization Act (CFMA), had nothing to do with Sanders and everything to do with then-President Bill Clinton, who devoted his presidency to sucking up to Wall Street. Clinton signed this bill into law as a lame-duck president, ensuring his wife would have massive Wall Street contributions for her Senate run.
Fed Chair Janet Yellen all but confirmed the Fed was ready to raise interest rates in December.
Protecting the American people from another devastating financial crash and the economic wreckage it causes begins with reflecting honestly about the past and trying to learn the right lessons.
When I was in junior high school I excelled in literature and math. You know -- fractions, algebraic equations, and Venn diagrams.  Economics, not so much. Too many theories, too abstract.  It wasn't concrete.
Whether in our personal relationships or our business ones, there isn't anything more important than trust and reputation. When trust is lost, it's a long haul over a hard road to earn it back.
Why has economic growth been so slow since the Great Recession? This is the question haunting many economists these days. Second quarter 2015 real GDP growth (after inflation) was just 2.3 percent six years after its end. This is better growth than any other developed economy, but still much too low for a sustainable recovery.
As a correspondent for two business news networks (CNN and Bloomberg), I had to listen to almost every public utterance of Chairman Greenspan and his successor, Ben Bernanke.
I am reading "Daniel Patrick Moynihan, A Portrait in Letters of an American Visionary" edited by Steven Weisman. It is a good title because Moynihan was indeed a visionary.
It's late spring, and the Chicken Littles are back. They don't fly but they do cluck.
Both the proposal and the letter come as the Obama administration attempts to secure the Trans-Pacific Partnership, a 12