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Alan Greenspan, architect of the modern American economy, dies aged 100 (opens original article in a new tab)

TL;DR

Alan Greenspan, former US Federal Reserve chair and key figure in modern American economics, has died at 100. His tenure saw significant economic growth but also criticism for contributing to the 2008 financial crisis. Greenspan later acknowledged flaws in his economic philosophy.

  • Alan Greenspan, former US Federal Reserve chair, died at 100 from Parkinson's disease complications.
  • Greenspan shaped the US economy for 20 years, overseeing economic growth but also criticized for contributing to the 2008 financial crisis.
  • He admitted flaws in his free-market approach and self-regulation beliefs after the 2008 crash.

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