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The Map and the Territory 2.0
Author: Alan Greenspan

ISBN: 9780141978130
Format: Paperback
Number Of Pages: 432
Published: 2 January 2015
Country of Publication: GB
Dimensions (cm): 19.8 x 12.9 x 2.4
Description:
Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about economic prediction. How had our models so utterly failed us? In The Map and the Territory, thoroughly updated and expanded, Greenspan seeks to reinvent the very concept of economic forecasting. With his trademark wisdom and nuance, Greenspan devises a brand new economic map, one that integrates the history of economic prediction, the recent work of behavioural economists and the lessons of his own remarkable career into a framework for understanding this previously uncharted territory.

About the Author

Born in 1926 in New York City, Alan Greenspan worked as a Juilliard-trained professional musician before studying Economics at New York University, where he earned his PhD. In 1954, he co-founded the consulting firm Townsend-Greenspan & Co. He served as Chair of the Council of Economic Advisers under President Gerald Ford, 1974-77. In 1987, President Ronald Reagan appointed him Chairman of the Federal Reserve Board, a position he held until his retirement in 2006.

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