The media-fueled worship of Federal Reserve Chairman Alan Greenspan continued throughout the 1990s even though some of his most celebrated pseudoprofundities represented blatant reversals of views he had expressed just months earlier. Greenspans dismal economic performance and fallacy-laden crusade against the deflation bogeyman suggest that the appropriate nickname for him isnt Maestro, but Master of Illusion.
Did Greenspan Deserve Support for Another Term?
By Joseph T. Salerno
This
article
appeared in
the Summer 2004 issue of The Independent Review.
Other Independent Review articles by Joseph T. Salerno | |
Spring 2016 | The Forgotten Depression: 1921: The Crash That Cured Itself |
Winter 2007/08 | Imperialism and the Logic of War Making |