The definitive biography of the most important economic statesman of our time Sebastian Mallaby's magisterial biography of Alan Greenspan, the product of over five years of research based on untrammeled access to his subject and his closest professional and personal intimates, brings into vivid focus the mysterious point where the government and the economy meet. To understand Greenspan's story is to see the economic and political landscape of the last 30 years--and the presidency from Reagan to George W. Bush--in a whole new light. As the most influential economic statesman of his age, Greenspan spent a lifetime grappling with a momentous shift: the transformation of finance from the fixed and regulated system of the post-war era to the free-for-all of the past quarter century. The story of Greenspan is also the story of the making of modern finance, for good and for ill. Greenspan's life is a quintessential American success story: raised by a single mother in the Jewish émigré community of Washington Heights, he was a math prodigy who found a niche as a stats-crunching consultant. A master at explaining the economic weather to captains of industry, he translated that skill into advising Richard Nixon in his 1968 campaign. This led to a perch on the White House Council of Economic Advisers, and then to a dazzling array of business and government roles, from which the path to the Fed was relatively clear. A fire-breathing libertarian and disciple of Ayn Rand in his youth who once called the Fed's creation a historic mistake, Mallaby shows how Greenspan reinvented himself as a pragmatist once in power. In his analysis, and in his core mission of keeping inflation in check, he was a maestro indeed, and hailed as such. At his retirement in 2006, he was lauded as the age's necessary man, the veritable God in the machine, the global economy's avatar. His memoirs sold for record sums to publishers around the world. But then came 2008. Mallaby's story lands with both feet on the great crash which did so much to damage Alan Greenspan's reputation. Mallaby argues that the conventional wisdom is off base: Greenspan wasn't a naïve ideologue who believed greater regulation was unnecessary. He had pressed for greater regulation of some key areas of finance over the years, and had gotten nowhere. To argue that he didn't know the risks in irrational markets is to miss the point. He knew more than almost anyone; the question is why he didn't act, and whether anyone else could or would have. A close reading of Greenspan's life provides fascinating answers to these questions, answers whose lessons we would do well to heed. Because perhaps Mallaby's greatest lesson is that economic statesmanship, like political statesmanship, is the art of the possible. The Man Who Knew is a searching reckoning with what exactly comprised the art, and the possible, in the career of Alan Greenspan. From the Hardcover edition.
WINNER OF THE 2016 FT & McKINSEY BUSINESS BOOK OF THE YEAR AWARD, this is the biography of one of the titans of financial history over the last fifty years. Born in 1926, Alan Greenspan was raised in Manhattan by a single mother and immigrant grandparents during the Great Depression but by quiet force of intellect, rose to become a global financial 'maestro'. Appointed by Ronald Reagan to Chairman of the Federal Reserve, a post he held for eighteen years, he presided over an unprecedented period of stability and low inflation, was revered by economists, adored by investors and consulted by leaders from Beijing to Frankfurt. Both data-hound and eligible society bachelor, Greenspan was a man of contradictions. His great success was to prove the very idea he, an advocate of the Gold standard, doubted: that the discretionary judgements of a money-printing central bank could stabilise an economy. He resigned in 2006, having overseen tumultuous changes in the world's most powerful economy. Yet when the great crash happened only two years later many blamed him, even though he had warned early on of irrational exuberance in the market place. Sebastian Mallaby brilliantly shows the subtlety and complexity of Alan Greenspan's legacy. Full of beautifully rendered high-octane political infighting, hard hitting dialogue and stories, The Man Who Knew is superbly researched, enormously gripping and the story of the making of modern finance.
Author: Sebastian Mallaby
Release Date: 2016-01-01
This is the biography of one of the titans of financial history over the last fifty years. Born in 1926, Alan Greenspan was raised in Manhattan by a single mother and immigrant grandparents during the Great Depression but by quiet force of intellect, rose to become a global financial 'maestro'. Appointed by Ronald Reagan to Chairman of the Federal Reserve, a post he held for eighteen years, he presided over an unprecedented period of stability and low inflation, was revered by economists, adored by investors and consulted by leaders from Beijing to Frankfurt. Both data-hound and eligible society bachelor, Greenspan was a man of contradictions. His great success was to prove the very idea he, an advocate of the Gold standard, doubted: that the discretionary judgements of a money-printing central bank could stabilise an economy. He resigned in 2006, having overseen tumultuous changes in the world's most powerful economy. Yet when the great crash happened only two years later many blamed him, even though he had warned early on of irrational exuberance in the market place. Sebastian Mallaby brilliantly shows the subtlety and complexity of Alan Greenspan's legacy. Full of beautifully rendered high-octane political infighting, hard hitting dialogue and stories, The Man Who Knew is superbly researched, enormously gripping and the story of the making of modern finance.
Author: Robert Kanigel
Publisher: Simon and Schuster
Release Date: 2016-04-26
Genre: Biography & Autobiography
A biography of the Indian mathematician Srinivasa Ramanujan. The book gives a detailed account of his upbringing in India, his mathematical achievements, and his mathematical collaboration with English mathematician G. H. Hardy. The book also reviews the life of Hardy and the academic culture of Cambridge University during the early twentieth century.
Author: David Leavitt
Publisher: Hachette UK
Release Date: 2015-01-22
The story of Alan Turing, the persecuted genius who helped break the Enigma code and create the modern computer. To solve one of the great mathematical problems of his day, Alan Turing proposed an imaginary programmable calculating machine. But the idea of actually producing a 'thinking machine' did not crystallise until he and his brilliant Bletchley Park colleagues built devices to crack the Nazis' Enigma code, thus ensuring the Allied victory in the Second World War. In so doing, Turing became a champion of artificial intelligence, formulating the famous (and still unbeaten) Turing test that challenges our ideas of human consciousness. But Turing's work was cut short when, as an openly gay man in a time when homosexuality was illegal in Britain, he was apprehended by the authorities and sentenced to a 'treatment' that amounted to chemical castration. Ultimately, it lead to his suicide, and it wasn't until 2013, after many years of campaigning, that he received a posthumous royal pardon. With a novelist's sensitivity, David Leavitt portrays Turing in all his humanity - his eccentricities, his brilliance, his fatal candour - while elegantly explaining his work and its implications.
Author: David N. Schwartz
Publisher: Basic Books
Release Date: 2017-12-05
Genre: Biography & Autobiography
The definitive biography of the brilliant, charismatic, and very human physicist and innovator Enrico Fermi In 1942, a team at the University of Chicago achieved what no one had before: a nuclear chain reaction. At the forefront of this breakthrough stood Enrico Fermi. Straddling the ages of classical physics and quantum mechanics, equally at ease with theory and experiment, Fermi truly was the last man who knew everything--at least about physics. But he was also a complex figure who was a part of both the Italian Fascist Party and the Manhattan Project, and a less-than-ideal father and husband who nevertheless remained one of history's greatest mentors. Based on new archival material and exclusive interviews, The Last Man Who Knew Everything lays bare the enigmatic life of a colossus of twentieth century physics.
Author: Ralph Waldo Trine
Publisher: Dead Authors Society
Release Date: 2017-05-17
There are supreme and epoch-making moments in the life of the world. There are supreme and light-bringing and power-bringing moments in the lives of individuals. A supreme moment in the life of the world is when some great prophet, seer, sage, or saviour appears with a great elemental truth, and is able to impart it to others with a persuasive beauty and power. A supreme moment in the lives of individuals is when they come face to face with such a truth -- when it comes clearly and convincingly to them. Such truth must not only be uttered, but have authority and power, and it must be lived by him who utters it. Moreover it must be a truth that becomes an inspiration and a real help in the daily lives of common men and women -- men and women who have their problems to meet, their fears to face, their battles to fight, their bread to win. Ralph Waldo Trine was a philosopher, mystic, teacher, author and early mentor of the New Thought Movement. As an author Trine has far outsold other New Thought authors.
Author: Edgar Wallace
Publisher: Castrovilli Giuseppe
Release Date: 1918
Genre: Detective and mystery stories, English
The Man Who Knew tells the story of a young man who is found lying dead in Gray Square, Bloomsbury. Constable Wiseman, a man of law, appears at the scene, along with many others. After pulling a mysterious newspaper advertisement from the deceased's pocket, the homicide investigation commences.
The Man Who Knew God decodes the complexities of the book of Jeremiah and argues that this prophet is the key figure in shaping Western civilization and Judaism. Among many other fascinating assertions, Mordecai Schreiber posits that Jeremiah is not only the one who eradicated paganism amongst the Hebrew people, he can also be considered the founder of the post-biblical Jewish faith.
Author: Stephen Inwood
Publisher: Pan Macmillan
Release Date: 2011-03-04
Genre: Biography & Autobiography
Robert Hooke was one of the most inventive, versatile and prolific scientists of the late 17th Century, but for 300 years his reputation has been overshadowed by those of his two great contemporaries, his friend Sir Christopher Wren and his rival Sir Isaac Newton. If he is remembered today, it is as the author of a law of elasticity or as amisanthrope who accused Newton of stealing his ideas on gravity. This book, the first life of Hooke for nearly fifty years, rescues its subject from centuries of obscurity and misjudgement. It shows us Hooke the prolific inventor, the mechanic, the astronomer, the anatomist, the pioneer of geology, meteorology and microscopy, the precursor of Lavoisier and Darwin. It also gives us Hooke the architect of Bedlam and the Monument, the supervisor of London's rebuilding after the Great Fire, the watchmaker, the consumer of prodigious quantities of medicines and purgatives, the candid diarist, the lover, the hoarder of money and secrets, the coffee house conversationalist. This is an absorbing study of a fascinating and unduly forgotten man.