RIP Alan Greenspan: you were charming, powerful, and wrong | Robert Reich

The former Federal Reserve chair was a smart guy – but he had a huge blind spot. Here’s what I wish I’d said to himAlan Greenspan has died at the age of 100.My students don’t recognize his name, but you probably do. When he was chair of the Federal Reserve – for more than 18 years, from 11 August 1987 to 31 January 2006 – he not only ran the US (and most of the world’s) economy but was also in many ways the most powerful person in the US.Robert Reich, a former US secretary of labor, is a professor of public policy emeritus at the University of California, Berkeley. He is a Guardian US columnist and his newsletter is at robertreich.substack.com. His new book, Coming Up Short: A Memoir of My America, is out now in the US and in the UK Continue reading...

Source: https://www.theguardian.com/commentisfree/2026/jun/23/alan-greenspan-federal-reserve