What Alan Greenspan Has Learned Since 2008
Harvard Business Review
JANUARY 7, 2014
For a guy frequently associated intellectually with his late friend and mentor Ayn Rand, he sure quotes John Maynard Keynes (mainly the famous phrase “animal spirits”) a lot. It’s true of GDP. The dot-com boom when it collapsed, you can’t find it in the GDP figures in 2001, 2002. We called them booms.
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