Summary of Alan Shrugged

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Alan Shrugged book summary
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Rating

7 Overall

3 Applicability

7 Innovation

9 Style

Recommendation

If your view of Alan Greenspan is one of a humorless, pin-striped central banker, Jerome Tuccille has someone he’d like to introduce you to: Alan Greenspan, the jazz musician, libertarian philosopher and wooer of media princesses. In this lively and engaging book, Tuccille weaves together Greenspan’s biography, a colorful history of the times and an analysis of political and economic philosophy. Of special note is the book’s detailed look at how the thinking of Ayn Rand influenced Greenspan. getAbstract.com strongly recommends this book for such intellectual fare, as well as its juicer tidbits - like Greenspan’s torrid fling with Barbara Walters.

In this summary, you will learn

  • The life history of Alan Greenspan, who has served as Chairman of the U.S. Federal Reserve under four presidents;
  • How the work of Ayn Rand has influenced Greenspan’s economic philosophies, and
  • The economic beliefs and strategies that have guided Greenspan throughout his tenure as Fed Chairman.
 

About the Author

Jerome Tuccille is the author of 20 books, including Trump and Rupert Murdoch. He has worked in the investment industry for 25 years, as a financial writer and vice president with a major financial firm.

 

Summary

Alan Greenspan: The Early Life
For a man who became the world’s most powerful banker, Alan Greenspan had a modest beginning. He was the son of a successful stockbroker and Wall Street trader, Herman Herbert Greenspan, but in 1929, when Alan was three years old, the stock market crash devastated...

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