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The Map and the Territory 2.0: Risk, Human Nature, and the Future of Forecasting Hardcover – 22 Oct 2013

2.0 out of 5 stars 5 customer reviews

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Product details

  • Hardcover: 400 pages
  • Publisher: Allen Lane (22 Oct. 2013)
  • Language: English
  • ISBN-10: 0241003598
  • ISBN-13: 978-0241003596
  • Product Dimensions: 16.2 x 3.5 x 24 cm
  • Average Customer Review: 2.0 out of 5 stars 5 customer reviews
  • Amazon Bestsellers Rank: 827,569 in Books (See Top 100 in Books)
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Review

Larry Summers, "Financial Times" "No other American economic policy maker in the past half-century could have written so thoughtfully about the implications of the Enlightenment for economic policy or have attempted, as Greenspan did while in office and does again here, to compute the physical weight of all the goods that comprise American gross domestic product. The range of topics and arguments makes this book a very important statement, whether one ultimately agrees or disagrees with the author.....Greenspan's range, vision and boldness is especially important at a time like the present, when Washington is preoccupied with the political and petty....Greenspan has written a major work ....[A] splendid book." Burton Malkiel, "The Wall Street Journal" ""The Map and the Territory" is a model of expositional clarity, with complex and recondite matters made accessible to the lay reader. The book should be must reading for anyone interested in the way our financial markets work--and sometimes fail to do so." "Forbes" "Compelling and hugely enlightening...This exposition of a lifetime as a practicing economist is full of insights and lessons for financiers, security analysts, business students and public policy makers, especially Presidents, congressmen, central bankers and the FDIC, SEC, CFTC, FHLB. It should be required reading for some of the insights into the way markets perform." N. Gregory Mankiw, "The New York Times Book Review" "The book offers much wisdom....[Greenspan] sees the world through a different set of eyes than do many others in his field. He is driven less by theory, more by data and practical experience....Greenspan's new book lays out his worldview in light of the financial crisis, the deep recession and the meager recovery of the past five years. His critics often condemn him as an ideologue, but the book demonstrates the unfairness of that accusation. On a wide range of topics--from monetary, fiscal and fin

About the Author

Alan Greenspan was born in 1926 and reared in the Washington Heights neighborhood of New York City. After studying the clarinet at Juilliard and working as a professional musician, he earned his B.A., M.A. and Ph.D. in Economics from New York University. In 1954, he co-founded the economic consulting firm Townsend-Greenspan & Co. From 1974 to 1977, he served as Chair of the Council of Economic Advisers under President Gerald Ford. In 1987, President Ronald Reagan appointed him Chairman of the Federal Reserve Board, a position he held until his retirement in 2006.


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TOP 1000 REVIEWERon 27 August 2016
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on 11 November 2013
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