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Alan Greenspan

Alan Greenspan Definition

Alan Greenspan is an American economist. He was Chairman of the Federal Reserve System of the United States from 1987 to 2006, at present he owns a consulting company. Greenspan is regarded as a proponent of free market economics. He stated that there was no better alternative in a democratic society, the debt crisis originated not in the principle, but in the application of competitive markets "assuming what the nature of risks would be."




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