Join Amazon Prime and get unlimited Free One-Day Delivery. Already a member? Sign in.

 

or
Sign in to turn on 1-Click ordering.
 
   
More Buying Choices
44 used & new from £4.00
Have one to sell? Sell yours here
 
   
Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve
 
 
Share your own customer images
Search inside this book

Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve (Hardcover)

by William Fleckenstein (Author), Fred Sheehan (Author)
3.6 out of 5 stars See all reviews (5 customer reviews)
RRP: £12.00
Price: £9.49 & this item Delivered FREE in the UK with Super Saver Delivery. See details and conditions
You Save: £2.51 (21%)
In stock.
Dispatched from and sold by Amazon.co.uk. Gift-wrap available.

Want guaranteed delivery by Tuesday, July 7? Choose Express delivery at checkout. See Details
31 new from £5.60 13 used from £4.00

Frequently Bought Together

Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve + Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash + The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means
Price For All Three: £30.67

Show availability and shipping details

Customers Who Bought This Item Also Bought

Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash

Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash

by Charles R Morris
4.2 out of 5 stars (6)  £11.19
The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means

The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means

by George Soros
3.0 out of 5 stars (22)  £9.99
The Ascent of Money: A Financial History of the World

The Ascent of Money: A Financial History of the World

by Niall Ferguson
4.4 out of 5 stars (28)  £5.99
The Great Crash, 1929 (Penguin Business)

The Great Crash, 1929 (Penguin Business)

by John Kenneth Galbraith
4.6 out of 5 stars (19)  £5.99
When Markets Collide: Investment Strategies for the Age of Global Economic Change

When Markets Collide: Investment Strategies for the Age of Global Economic Change

by Mohamed El-Erian
2.3 out of 5 stars (9)  £11.19
› Explore similar items

Product details

  • Hardcover: 208 pages
  • Publisher: McGraw-Hill Professional (1 Feb 2008)
  • Language English
  • ISBN-10: 0071591583
  • ISBN-13: 978-0071591584
  • Product Dimensions: 20.3 x 13.5 x 2.3 cm
  • Average Customer Review: 3.6 out of 5 stars See all reviews (5 customer reviews)
  • Amazon.co.uk Sales Rank: 20,812 in Books (See Bestsellers in Books)

    Popular in these categories:

    #6 in  Books > Business, Finance & Law > Biographies & Histories > Finance and Stock Market History
    #13 in  Books > Business, Finance & Law > Professional Finance > Banking
    #18 in  Books > Biography > Biographies & Memoirs

    •  Would you like to update product info or give feedback on images?

  • See Complete Table of Contents

Product Description

Le Temps, March 5, 2008
Devastating portrait of the man who perverted the concept of risk.


Bloomberg News, March 14, 2008
Before Ben Bernake shovels more cash into the US's money trap, he should read Greenspan's Bubbles.


See all Product Description
Inside This Book (Learn More)
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt
Search inside this book:

Tags Customers Associate with This Product

 (What's this?)
Click on a tag to find related items, discussions, and people.
Check the boxes next to the tags you consider relevant or enter your own tags in the field below
(1)
(1)
(1)
(1)
(1)
(1)
See all 8 tags...

Your tags: Add your first tag
 
See most popular tags

What Do Customers Ultimately Buy After Viewing This Item?

Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve
82% buy the item featured on this page:
Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve 3.6 out of 5 stars (5)
£9.49
The Ascent of Money: A Financial History of the World
6% buy
The Ascent of Money: A Financial History of the World 4.4 out of 5 stars (28)
£5.99
The Age of Turbulence: Adventures in a New World
5% buy
The Age of Turbulence: Adventures in a New World 4.4 out of 5 stars (16)
£7.69
Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
4% buy
Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash 4.0 out of 5 stars (2)
£6.29
Explore similar items
 

Customer Reviews

5 Reviews
5 star:
 (2)
4 star:
 (1)
3 star:
 (1)
2 star:    (0)
1 star:
 (1)
 
 
 
 
 
Average Customer Review
3.6 out of 5 stars (5 customer reviews)
 
 
 
 
Share your thoughts with other customers:
Most Helpful Customer Reviews

 
4 of 5 people found the following review helpful:
3.0 out of 5 stars Interesting but misjudged, 6 Oct 2008
By E. Ryan "Bio reader" - See all my reviews
(REAL NAME)   
I would recommend this book to readers of Greenspan's Age of Turbulence as a relevant counterargument. However, I would do so with some significant reservations. The key criticism leveled at Greenspan is that his monetary policy encouraged rather than hindered the Dot com and property bubbles. Fleckenstein's contention however is based on an erroneous assumption. The author implies that it was Fed's job to constrain ASSET price inflation. In fact the orthodox economic view, throughout this period, was that central banks should concern themselves entirely with achieving low and stable CONSUMER price inflation. Perhaps the Fed chairman did allow himself, at times, to become distracted by the performance of the US stock market but ultimately it wasn't in his job spec. to stop the speculative excesses of joe public. Trying to lay the blame solely at his door is ill conceived.

This account, written in the context of the current financial crisis, is a knee jerk and reactionary response. Nonetheless, it does contain the grain of truth that, going forward, economic policymakers will need to start focusing more on different types of price inflation to ensure economic stability over the longer term. No doubt, a much more balanced account of the man who ran US monetary policy for so long will be written in the years to come. In the meantime this effort shouldn't be ignored.
Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)



 
4 of 5 people found the following review helpful:
4.0 out of 5 stars The condemnation of Alan Greenspan, in brief., 23 Jun 2008
By Rolf Dobelli "getAbstract.com" (Switzerland) - See all my reviews
(TOP 50 REVIEWER)    (REAL NAME)   
This book states the argument of those who oppose Alan Greenspan, the former chair of the U.S. Federal Reserve. William A. Fleckenstein and Frederick Sheehan, who sometimes seem to go a bit over the top in the intensity of their attacks, write that Greenspan, despite his reputation, was no "maestro." Instead, they report he was a poor manager with a habit of either deception or self-delusion. The authors support their argument by drawing heavily on extensive quotations from Greenspan's testimony before Congress and on minutes of the Federal Reserve Open Market Committee meetings. Although getAbstract might wish for less fervor in this presentation, it forwards this book to policy makers, financial services executives and others who wish to understand the downside of Greenspan's policies and how he may have contributed to the U.S. economy's current dilemma.
Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)



 
10 of 17 people found the following review helpful:
5.0 out of 5 stars GREENSPAN'S BUBBLES, 2 Mar 2008
I always thought Greenspan was an idiot but had no idea how big an idiot he was/is. EZ-AL was nothing more then a snake oil salesman that promised great things and delivered misery. The collapse of the U.S. financial system can be directly tied to Greenspan through his not having a clue as to what he was doing while the head of the Federal Reserve. Perhaps now the U.S. is entering into the largest financial disaster since the Great Depression, citizens will come to realize that Alan Greenspan was a major contributor through his mismanagement of the supply/cost of money. In Congressional testimony he admitted it wasn't "possible to manage something" you couldn't define. This admission from the Chairman of the Federal Reserve Bank of the United States!!!!!!
In the mean time, we pay while Alan played.
READ THE BOOK FOR FUTURE REFERENCE BECAUSE WE ARE GOING TO NEED IT.
Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)


Share your thoughts with other customers: Create your own review
 
 
 
Most Recent Customer Reviews

5.0 out of 5 stars Excellent study of a failed system
In this fascinating book, financial journalist William Fleckenstein studies the record of Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006. Read more
Published 9 months ago by William Podmore

1.0 out of 5 stars Detractors take the stand
Public men in the public eye and with very public actions tend to have eulogists and detractors.
Alan Greenspan was Chairman of the FED for 19 years and three Presidents... Read more
Published 15 months ago by Joao MOTA de CAMPOS

Only search this product's reviews


Customer Discussions

 Beta (What's this?)
This product's forum (0 discussions)
  Discussion Replies Latest Post
  No discussions yet

Ask questions, Share opinions, Gain insight
Start a new discussion
Topic:
First post:
Prompts for sign-in
  [Cancel]


Active discussions in related forums
   
Related forums

Listmania!

Create a Listmania! list

Look for similar items by category

Look for similar items by subject


























i.e., each product must be in subject 1 AND subject 2 AND ...

Feedback

Health & Beauty at Amazon.co.uk

Elemis Resurface and Renew Skin Care Gift Set of 4 Products
From soap to shavers, massagers to mascara, stock up on your daily essentials or truly pamper yourself.

›Discover Health & Beauty

  

Make A Wish

Get what you want with an Amazon.co.uk Wish List Make sure you always get what you want with an Amazon.co.uk Wish List.

›More info on Wish Lists

  

Boys Smell

Lynx Africa Body Spray and After Shave Gift set
But we make sure they smell good...

›Discover male grooming at Amazon.co.uk

  

Treat Someone

Amazon.co.uk Gift Certificates--available in any amount from £5 to £500 With an Amazon.co.uk Gift Certificate, you can get them what they want (even if you don't know what that is).

›Learn more about Gift Certificates

  
Ad

Where's My Stuff?

Delivery and Returns

Need Help?

Your Recent History

  (What's this?)
You have no recently viewed items or searches.

After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in.

Look to the right column to find helpful suggestions for your shopping session.
Continue Shopping: Top Sellers

amazon.co.uk Amazon Home
International Sites:  United States  |  Germany  |  France  |  Japan  |  Canada  |  China
Business Programs: Sell on Amazon  |  Fulfilment by Amazon  |  Join Associates  |  Join Advantage
Customer Service  |  Help  |  View Basket  |  Your Account
About Amazon.co.uk  |  Careers at Amazon
Conditions of Use & Sale |  Privacy Notice  © 1996-2009, Amazon.com, Inc. and its affiliates