Good Read

Just finished a very good book, Alan Greenspan - Age of Turbulance. It is part memoir, part economics text. Maybe you have to be an economics wonk to enjoy it, but the book is very well written and is an easy read. The first third, Greenspan talks of his past and his rise to the role of Chairman of the Federal Reserve. The second third is a interesting view of financial events from the eyes of the Federal Reserve. Recall that Greenspan's tenure spanned the presidencies of Reagan, Bush I, Clinton and Bush II. Reading his recollection of 1991 and the savings and loan crisis was particularly insightful given the current economic turmoil. What made is most ineresting was the fact that it was written before the current turmoil unfolded. The final third of the book is Greenspan's treatise on current economics and world developments. He expounds on the futures of China and Europe. He provides interesting insight on the futures of the U.S. Dollar, Social Security and Energy. This last part may only be interesting to an economics major, but its not written like a textbook.

It's thick and heavy, but worth the weight.