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Now What, Alan?(Alan Greenspan)

By JONES, DAVID M.
Publication: The International Economy
Date: Thursday, March 1 2001

Greenspan's struggle to rescue the economy and keep the peace with a new president.

Few would disagree with the assertion that Federal Reserve Chairman Alan Greenspan had reached the pinnacle of success as he began a fourth four-year term as head of the U.S. central bank in June of last year. Indeed, until quite recently, most have found it difficult to do anything but heap praise on Greenspan and his fellow Fed policymakers for presiding over a record-long economic expansion, in which real GDP growth was unexpectedly strong, inflation was uncharacteristically subdued,

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