Alan Greenspan, Sax Man
The best article you’ll read all month and the best thing Joe Queenan has written in years.
One of the great what-ifs in recent history involves Alan Greenspan. Complicit in one of the greatest economic collapses ever, Greenspan has now been exposed as utterly bereft of the skills needed to helm the Federal Reserve. He was too indulgent, took too many risks, suffered from too much self-confidence and perhaps even hubris. Yet few Americans are aware that a career forecasting GDP and setting interest rates and tamping down the nation’s money supply was not Greenspan’s dream as a child. Rather, he dreamed of growing up to be a jazz musician.
And he did. A very, very, very good one. What happened? Read on.
Don’t ask impertinent questions like that jackass Adept Lu.