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Greenspan Highlight Reel

Here’s the highlight reel from Greenspan’s testimony before Congress today. First, some comments about the state of the economy thus far in 2005: In mid-February, when I presented our last…

Greenspan on China

Greenspan made some reasonable points about US trade with China during his testimony before the Senate Finance Committee today. First, he said that a yuan revaluation against the dollar probably…

Greenspan on the Interest Rate Mystery

Greenspan made some remarks about the Interest Rate Mystery during a conference yesterday in Beijing. Slightly disconcertingly, none of the prevailing theories as to why long-term rates are so low…

A Review of the First Half of Bailout Nation

…me that the book does not ascribe sufficient, er, richness or texture to the behavior we saw in Alan Greenspan. It assumes that Greenspan was little more than a bumbling…

Greenspan: Raise Taxes on the Working Poor

Greenspan first calls for cutting Social Security benefits, which would mean part of that 12.4% payroll contribution would become a pure and simple backdoor employment tax increase. Now Greenspan calls…

Garbage from Greenspan

Without a shred of evidence or theoretical justification, Greenspan said this today on Capitol Hill: “Addressing the government’s own imbalances will require scrutiny of both spending and taxes. However, tax…