Greenspan Hails Father of Modern Economics
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Federal Reserve Chairman Alan Greenspan paid tribute on Sunday to the father of modern economics, saying that 18th-century philosopher Adam Smith was "a towering contributor to the development of the modern world."
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Alan Greenspan, once the world&#39;s top  central banker, said current credit turmoil reminded him of  1987 and 1998 market crises while policymakers in Sweden and  Norway saw it curbing growth in their strong economies.
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US Federal Reserve Board Chairman Alan Greenspan Wednesday gave a generally upbeat economic assessment to a congressional committee, saying the US economy seems over the last two months to have withstood the trauma of sharply rising energy prices.
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When Alan Greenspan speaks, the markets listen. The 78-year-old chairman of the Federal Reserve Board has had dealers hanging on his every utterance for 17 years, ever since he took the job during the closing months of Ronald Reaganâs presidency.
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Greenspan charts our economic course in 'The Age of Turbulence.' An excerpt.
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Alan Greenspan's memoir arrives with remarkable timing for two reasons. One is that at a time like this, with financial markets in upheaval, we yearn for guidance from the oracle who presided over 18 years of relative peace and prosperity in the U.S. economy.
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Alan Greenspan discovers that human beings are â¦ irrational!
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WASHINGTON - Federal Reserve Chairman Alan Greenspan said Wednesday the economy has "regained some traction" after a late spring slowdown that was triggered by a sharp spike in oil prices.    Greenspan's moderately upbeat forecast came as the nation entered the final two months of an election battle in which President Bush and Democratic challenger John Kerry have widely different views on how the economy is performing at present...
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Famously opaque when he was chairman of the Federal Reserve, Alan Greenspan &#151; the author &#151; says he relished the opportunity to break out of "Fedspeak" and share his own insights about the nation's economy.
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Alan Greenspan chose the perfect moment to release his memoirs: the day before a high-stakes Federal Reserve policy meeting in the middle of a financial market crisis. Even the title of his book, The Age of Turbulence, looks uncannily - if not uncharacteristically - prescient.
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WASHINGTON - Federal Reserve Chairman Alan Greenspan said yesterday the economy has &quot;regained some traction&quot; after a late spring slowdown caused largely by high oil prices.
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Former Federal Reserve chairman Alan Greenspan compares the current financial market turbulence to prior crises that have engulfed stock markets and the US economy.
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Former Prime Minister Narasimha Rao who died today was known as the father of India&#39;s economic reforms. Prime Minister Dr Manmohan Singh who served as the Finance Minister under him today described Rao using the same words.
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US Federal Reserve (Fed) Chairman Alan Greenspan said Tuesday the record level of debt being carried by US households does not appear to represent a serious threat to the US economy.
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The odds of a recession in the United States are "clearly rising" due to the slowing rate of economic growth, former Federal Reserve Chairman Alan Greenspan said in an interview with National Public Radio.
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NEW YORK, September 8 (New Ratings) - The Federal Reserve Chairman, Alan Greenspan, reportedly said today that the US economy has regained its foothold, following a downturn during the summer months due to the soaring oil prices.
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NEW YORK - Investors were unmoved by Federal Reserve Chairman Alan Greenspan's improved assessment of the economy, with stocks falling modestly Wednesday in light trading.    While Greenspan said the economy has "regained some traction" after the summer's slowdown, he echoed Wall Street's concerns over energy prices, which have fallen from record highs in recent weeks but stubbornly remain above $40 per barrel...