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Alan Greenspan : ウィキペディア英語版
Alan Greenspan

Alan Greenspan (; born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, after the second-longest tenure in the position (behind William McChesney Martin).
Greenspan came to the Federal Reserve Board from a successful consulting career. Although he was subdued in his public appearances, favorable media coverage raised his profile to a point that several observers likened him to a "rock star". Democratic leaders of Congress criticized him for politicizing his office because of his support for Social Security privatization and tax cuts, which they felt would increase the deficit. The easy-money policies of the Fed during Greenspan's tenure have been suggested by some to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and have, said the ''Wall Street Journal'', "tarnished his reputation" despite his warnings of "irrational exuberance". Yale economist Robert Shiller argues that "once stocks fell, real estate became the primary outlet for the speculative frenzy that the stock market had unleashed."
==Early life and education==
Greenspan was born in the Washington Heights area of New York City. His father Herbert Greenspan was of Romanian-Jewish descent and his mother Rose Goldsmith was of Hungarian-Jewish descent. His father worked as a stockbroker and market analyst in New York City.〔( "Alan Greenspan, Andrea Mitchell" ), ''New York Times'', April 6, 1997〕
Greenspan attended George Washington High School from 1940 until he graduated in June 1943, where one of his classmates was John Kemeny. He played clarinet and saxophone along with classmate Stan Getz. He further studied clarinet at the Juilliard School from 1943 to 1944. Among his bandmates in the Woody Herman band was Leonard Garment, Richard Nixon's Special Counsel. In 1945 Greenspan attended New York University where he earned a B.S. degree in economics ''summa cum laude'' in 1948 and an M.A. degree in economics in 1950. At Columbia University he pursued advanced economic studies under Arthur Burns but dropped out.
In 1977, Greenspan obtained a PhD in economics from New York University. His dissertation is not available from the university since it was removed at Greenspan's request in 1987, when he became Chairman of the Federal Reserve Board. In April 2008, however, ''Barron's'' obtained a copy, and notes that it includes "a discussion of soaring housing prices and their effect on consumer spending; it even anticipates a bursting housing bubble".

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