Alan Greenspan ist ein amerikanischer Ökonom, der weithin als führende Autorität für die inländische Wirtschafts- und Geldpolitik gilt. Sein Einfluss hält bis heute an, obwohl seine Amtszeit als Vorsitzender der Federal Reserve sowohl für die Bewältigung wirtschaftlicher Herausforderungen gelobt als auch für Politiken kritisiert wurde, die von einigen als Beitrag zu einer Immobilienblase angesehen wurden.
Schon ein Stirnrunzeln von Alan Greenspan konnte die Börsenkurse erschüttern, seine Entscheidungen bestimmten die internationalen Finanzmärkte und oft auch die Politik der USA. Sein Buch bietet neben spannenden Einblicken in die Geschichte der Wirtschaftspolitik und einer Fülle von scharfsichtigen Beobachtungen über die Mächtigen der Welt vor allem tiefgründige Analysen zur Gegenwart und Zukunft der Weltwirtschaft. Als Notenbankchef war Greenspan berühmt für seine Kunst der Kommunikation mittels Andeutungen. Frei von den Verpflichtungen des Amtes muss er sich endlich nicht mehr auf Andeutungen beschränken: Greenspan liefert Klartext – eine fesselnde und intelligente Analyse der globalen Wirtschaft und Politik.
Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. How had our models so utterly failed us? Virtually every day, we make wagers on the future - but, even when we're not driven by factors entirely beyond our conscious control, the maps by which we are steering are often out-of-date. The Map and the Territory is an important attempt to update our forecasting conceptual grid using twenty-first-century technologies, offering a lucid and empirical grounding in what we can know about economic forecasting and what we can't.
An inspiring, rip-roaring read - like the astonishing story it describes' Liam Halligan, Daily Telegraph. Where does prosperity come from, and how does it spread through society? What role does innovation play in creating prosperity, and why do some eras see its benefits spread more democratically while others do not? Alan Greenspan, former Chair of the Federal Reserve, distills a lifetime of grappling with these questions into a profound assessment of the decisive drivers of the US economy throughout its history. Alongside historian Adrian Wooldridge, he unfolds a narrative of vast landscapes, titanic figures, and significant breakthroughs, alongside moral failings. Every crucial American economic debate is explored, from slavery's role in the antebellum Southern economy to America's fluctuating openness to global trade. The authors argue that America's genius lies in its embrace of creative destruction—the relentless cycle of the old giving way to the new. Though messy and painful, this process has elevated the majority of Americans to unprecedented living standards. As productivity stalls and populist sentiments rise, the work explains why America has thrived in the past and remains a formidable engine of economic growth.
"In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face."--Jacket
Warum der Kapitalismus nicht nur die am besten funktionierende, sondern auch die einzig moralische Wirtschaftsordnung ist, erklären Ayn Rand und ihre Mitstreiter Nathaniel Branden, Alan Greenspan und Robert Hessen in diesem Essayband. Dabei erörtern sie den allgemeinen Umgang mit Unternehmern und privaten Unternehmen, die Ursachen der Kriege, das Versagen der Konservativen und die dunklen Seiten des Altruismus. Sie belegen, daß altruistische Argumente immer wieder nur als Vorwand dienen, die Fundamente des Kapitalismus zu untergraben. Damit fordern sie nicht nur den vorherrschenden Zeitgeist heraus, sondern zeigen auch Wege aus der herrschenden philosophischen Verwahrlosung auf. Ayn Rand (1905-1982) ist die Autorin von „Der Streik“, eines der provokantesten philosophischen Bestseller seiner Zeit und weiterer einflußreicher Romane und philosophischer Werke mit Millionenauflage weltweit. Ihre einzigartige Philosophie, der Objektivismus, wird weltweit kontrovers diskutiert.
Like all of us, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. This title integrates the history of economic prediction, and the work of behavioural economists to offer a grounding in what we can know about economic forecasting and what we can't
"Thoroughly updated and expanded since its original publication, including a new chapter on China, currencies, and gold, The Map and the Territory 2.0 is the author's summa on making predictions about markets and economies, in theory and in practice. Alan Greenspan offers a thrillingly lucid and empirical argument about what exactly we can and can't know about economic decision making. With his trademark wisdom and nuance, he devises a brand-new economic map, one that integrates the history of economic prediction, the recent work of behavioral economists, and the lessons of his own remarkable career into a framework useful for businesses and governments alike in facing the uncharted territories ahead." -- Cover, p. [4]
