alan greenspan

English - English

Definition of alan greenspan in English English dictionary: {i} (born 1926) American economist, Chairman of the Board of Governors of the Federal Reserve System (1987-2006); born March 6, 1926, New York, N.Y. U.S. economist and chairman of the board of the Federal Reserve System. He grew up an only child and initially wanted to be a professional musician. He received his doctorate from New York University in 1977. Having become a private economic consultant, Greenspan served as chairman of the president's Council of Economic Advisers under Pres. Gerald Ford. From 1981 to 1983 he chaired the bipartisan National Commission on Social Security Reform. In 1987 Pres. Ronald Reagan appointed him chairman of the Federal Reserve Board, a position he continued to hold under Presidents George Bush, Bill Clinton, and George W. Bush. As Federal Reserve chairman, he fought inflation through controlling the discount rate

alan greenspan