Greenspan Was The Perfect Fed Chair. That Is Not a Compliment (opens in new tab)

On Monday, Alan Greenspan died at age 100. The former Federal Reserve Chair spent eighteen and a half years at the helm of the central bank from 1987 to 2006—a total of five terms under four presidents. As with any death of a prominent figure, the news led many to reflect on Greenspan’s legacy and, in this case, debate how he stacks up with other Federal Reserve chairs. And, although there was plenty of respect for Greenspan as a person from more establishment-friendly sources, broadly, the c...