Central banks around the world are repeating the mistakes of former Federal Reserve Chairman Alan Greenspan by flooding markets with cheap money, according to Brunel University's Moorad Choudhry.» Read More
Some Federal Reserve officials are reviving an idea that rose and fell with Alan Greenspan, the former Fed chairman, as they seek to persuade colleagues to take new action to stimulate growth, The New York Times reports.
There is a unique, structural imbalance in the U.S. economy, former Federal Reserve Chairman Alan Greenspan said Wednesday on CNBC.
Alan Greenspan, Former Chairman of the Federal Reserve, remarks on whether he thinks Obamacare will put on a strain on the economy.
There's a lack of discussion in Congress about the fiscal cliff but it's a problem that can and will be resolved, former Fed Chairman Alan Greenspan told CNBC.
"It's like a leaking boat in which we keep bailing it out and we're very pleased with ourselves.. the problem is we haven't fixed the holes yet," says Alan Greenspan, Greenspan Associates commenting on Europe's fiscal crisis and sharing his thoughts on how to fix a very sluggish U.S. economy, with CNBC's Maria Bartiromo.
The former Fed chairman isn't worried by the size of the losses at JPMorgan's chief investment office. His reaction: "So what?"
Alan Greenspan, former Federal Reserve chairman, shares his views on what creates a higher standard of living for Americans, rebuilding the nation's infrastructure, and why the euro isn't working.
Alan Greenspan, former Federal Reserve chairman, says a political consolidation is the only way to keep the euro together, and discusses the fear of a European contagion spreading, and Spain's banking uncertainty. Also, the problems associated with a U.S. housing recovery, with CNBC's Steve Liesman.
Alan Greenspan, former Federal Reserve chairman, and Martin Baily, former Council of Economic Advisers chairman, discuss the two separate economies at work in the U.S., the outlook on manufacturing jobs, and what economists want to see from Friday's jobs report.
"We really have two separate economies. One economy is behaving reasonably well; in the second economy, there is an extreme level of forward discounting going on. You can see it in the spreads between the 30-year Treasury on the one hand, and the 5-year Note, that spread is the largest in history," says Alan Greenspan, former Federal Reserve chairman, sharing his perspective on the problems facing the U.S. economic recovery.
Ron Paul says the continued slow improvement in U.S. employment “is a temporary reprieve” in an economic system that would be changed if he is elected president.
In contrast to Greenspan, Bernanke is not coy about his targeting of asset prices as a way to cure us of our economic woes.
Fred Goodwin, the former chief executive of Royal Bank of Scotland, last week joined Italian fascist dictator Benito Mussolini and Romania's communist dictator Nicolae Ceausescu on the list of people who have had their knighthoods rescinded by the UK.
A blogger found a correlation between laughter at Fed meetings and the meteoric rise in housing prices from 2000-2006.
Top policymakers did not seriously consider the idea that problems in the housing market would bring a recession, newly released transcripts show. The New York Times reports.
The United States faces a "true revolution" in the choices it will have to make to secure its fiscal future now that the welfare state has run up against a "brick wall of economic reality", former Federal Reserve Chairman Alan Greenspan said on Wednesday.
People don't understand money. That's why the Eurozone crisis isn't getting solved.
Will the protesting voices on Wall Street actually change policy in Washington? Sharing perspective regarding the "Occupy Wall Street" protests, with Jonathan Weisman, WSJ senior political writer and White House correspondent; Ben White, Politico Morning Money columnist; and CNBC's John Carney.
The US economy and stock market face severe consequences from the European financial crisis, which will not resolve itself without major debt restructuring, former Federal Reserve Chairman Alan Greenspan said.