"The Age of Turbulence"

"The Age of Turbulence"

The most remarkable thing that happened to the world economy after 9/11 was ... nothing. What would have once meant a crippling shock to the system was absorbed astonishingly quickly, partly due to the efforts of Greenspan, then Chairman of the Federal Reserve Board.

After 9/11 Greenspan knew, if he needed any further reinforcement, that we're living in a new world - the world of a global capitalist economy that is vastly more flexible, resilient, open, self-directing, and fast-changing than it was even 20 years ago. It's a world that presents us with enormous new possibilities but also enormous new challenges.

The Age of Turbulence is Greenspan's incomparable reckoning with the nature of this new world - how we got here, what we're living through, and what lies over the horizon, for good and for ill - channelled through his own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure.

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