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September 4, 2007

Greenspan tells all on his blog

Well, not really. It's an Amazon blog, which means it's a publicity site for his new book, not a real blog. Greenspan's calculated, anodyne utterances on the economy have been replaced by calculated, anodyne utterances designed to sell his book.

The book, called The Age of Turbulence, comes out Sept. 17. Excerpts from the Amazon post:

...in the waning months of my Fed tenure, I started getting excited about having time to stand back and think about all I’d been through – the frightening stock market crash of 1987, the boom of the 1990s, the trauma of 9/11, the climactic end of the Cold War, all told, a cascade of events propelling a new world forward at warp speed.

There was also a personal story to tell. I’d known every president from Richard Nixon to Reagan, Ford, Bill Clinton and George W. Bush. And what about all those other assorted characters from my childhood in New York, my years as a jazz musician, my complete career switch to economics – and my friendship with Ayn Rand? I wanted to make the leap from writing economic analysis to writing in the first person about what I’d experienced. And after years of talking “Fedspeak” in carefully calibrated congressional testimony – I could finally use my own voice!

My bet: Greenspan's "own voice" will sound a lot like his Humphrey-Hawkins testimony voice.
HT: Big Picture.

Posted by Jay Hancock at 10:38 AM | | Comments (0)
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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