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"In this book, economist Leonard Santow casts a steely eye on the Fed and its five most recent chairmen - Arthur Burns, G. William Miller, Paul Volcker, Alan Greenspan, and Ben Bernanke. Along the way, readers learn what function the Fed performs and why, how monetary policy dif…
A crowd gathers. People crane their necks. Cameras flash. The limo door opens. Who is it--Mick Jagger? Oprah? Tiger Woods? No. It's Alan Greenspan--and the crowd still goes wild. Many felt Greenspan walked on water during his lengthy term as Chairman of the Federal Reserve Syste…