Alan Greenspan is a prominent American economist and the 13th Chairman of the Federal Reserve. Alan Greenspan is known for having held the chair from 1987 to 2006, the second-longest tenure in history.
age and family
Alan Greenspan was born on March 6, 1926, and he is currently 95 years old. He hails from the Washington Heights area of New York City, New York and his zodiac sign is Pisces. Speaking of family, his parents are father Herbert Greenspan and mother Rose Goldsmith.
His father was a descendant of a Romanian Jew while his mother was a descendant of a Hungarian Jew. After his parents divorced, he lived with his mother and maternal grandparents. In addition, his father was a stockbroker and market analyst in New York City.
Regarding his education, he graduated from high school at George Washington High School in 1943. He attended this institution from 1940 to 1943 and one of his classmates at this school was John Kemeny.
In addition, this personality played clarinet and saxophone with Stan Getz. For his higher education he studied clarinet at the Juilliard School. He attended this institution from 1943 to 1944. Leonard Garment was also a bandmate in the Woody Herman Band.
In 1945 he entered New York University’s Stern School of Business. There he received a BA in economics summa cum laude in 1948 and an MA in economics in 1950.
He later attended Columbia University and studied Advanced Economic Studies with Arthur Burns. However, he later withdrew from Townsend-Greenspan & Company due to his increasing demand for work. In addition, he earned his Ph.D. in economics in 1977 from New York University.
career and working life
Professionally, Alan Greenspan is a popular economist. People credit him for serving five terms as the 13th Chairman of the Federal Reserve in America, from 1987 to 2006. He is also the owner of Greenspan Associates LLC, through which he works as a private consultant and advises corporations.
President Ronald Reagan first appointed him Chairman of the Federal Reserve in August 1987. For consecutive four-year intervals, this personality was again reappointed until his retirement on January 31, 2006. He served the second-longest tenure in the above position. The only person to serve more than he was William McChesney Martin.
The Democratic leaders in Congress criticized this figure for politicizing his office. They claim he did so because of his support for Social Security privatization and tax cuts. Many people also argue that the federal government’s easy-money policies during his tenure were a major cause of the dot-com bubble and subprime mortgage crisis. Easy money guidelines also include the practice known as the Greenspan put.
However, he argues that the housing bubble was not the result of low short-term interest rates. Instead, it was a global phenomenon caused by the progressive decline in long-term interest rates. This economist also argues that this was a direct result of the relationship of “high savings rates in developing countries and the inverse relationship in developed countries.”
Alan Greenspan is a married man. his wife is Andrea Mitchel and she is a famous American journalist. The two began dating in 1984. At that time he was 58 years old, while his beloved was 38 years old. Then, in 1997, the couple tied the knot. It was conducted by Supreme Court Justice Ruth Bader Ginsburg.
He was previously married to Joan Mitchell. His first wife is a Canadian artist and the two were married in 1952. However, Mitchell and Greenspan’s marriage was annulled less than a year later. He then also dated Barbara Walters in the late 1970s. Barbara is a journalist.
Alan Greenspan stands about tall height of 5 feet 10 inches or 180 cm or 1.8 meters. Likewise, its weight is around 84 kg. Other than that, there is no information on the economist’s other body measurements like chest-waist-hips measurements, dress size, shoe size, biceps, etc. Also, this personality has brown eyes and hair of the same color.
Social Media and Wealth
Alan Greenspan doesn’t seem to have a personal profile on social media platforms like Instagram, Facebook, Twitter, Youtube etc. However, his wife shared a few photos with him on her Instagram @mitchellreports account. Go ahead, this economist has a net worth Estimated around $20 million.