Greenspan's Economic Paradox

This chapter explores Alan Greenspan's conflicting economic ideologies, juxtaposing his pro-free market rhetoric with his interventionist actions during financial crises. It examines the evolution of economic thought, revealing a shift toward Keynesianism and progressive policies among contemporary economists, while stressing the importance of understanding both economic efficiency and wealth distribution. The discussion addresses the role of economists in shaping public policy and critiques the tendency to prioritize quantifiable data over the intrinsic values of human experience.