Sebastian Mallaby | A History of the Federal Reserve and the Chairmanship of Alan Greenspan

Summary: In Episode 9, Demetri Kofinas speaks with Federal Reserve Chairman Alan Greenspan’s biographer, Sebastian Mallaby. The chairmanship of Alan Greenspan lasted from the crisis of 1987 to the peak of the American housing market in 2006. How responsible was he for the prosperity of the 1990s? How much is he to blame for the catastrophic, financial meltdown of 2008? Most importantly, what can the story of Alan Greenspan teach us about the limits and dangers of human intervention, foresight, and power?