What Alan Greenspan Has Learned Since 2008
Harvard Business Review
JANUARY 7, 2014
It’s true of GDP. The technology-stock bubble of the late 1990s and its subsequent deflation were among the defining events of Greenspan’s tenure. I was sitting there 18-and-a-half years, getting an extraordinary amount of advice from everybody under the sun. That is true of the unemployment rate. They are not.
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