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The Age of Turbulence

The Age of Turbulence

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Manufacturer: Penguin
Category: EBooks

List Price: $17.00
Buy New: $9.99
You Save: $7.01 (41%)



Avg. Customer Rating: 4.5 out of 5 stars 272 reviews
Sales Rank: 910

Format: Kindle Book
Media: Kindle Edition
Edition: Reprint
Number Of Items: 1
Pages: 576

Dewey Decimal Number: 920
ASIN: B000UZJRIG

Publication Date: September 9, 2008
Availability: Usually ships in 24 hours

Customer Reviews:
Showing reviews 21-25 of 272
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5 out of 5 stars Best Non-Fiction Of The Year   July 24, 2008
 1 out of 1 found this review helpful

Outside of some of the economic jargon this book was very easily read. Not only was it a bit of an autobiography but also a great historical perspective of the last 50 years in America. What I enjoyed most was the enlightenment he gave on the role of politics in economic policy. A must read.


3 out of 5 stars The dismal Scienttist AND author   July 22, 2008
 1 out of 2 found this review helpful

I loved the first half of this book and couldn't wait for the latter half to end. The first half was written lovingly by AL and then second half was clearly an effort to fill in pages to achieve some mandated length. The book seemd to be a cathartic adventure for the author, and while much of this was written prior to the present credit crisis debacle, it is clear that Al saw this coming ... and that's what I find so wrong about it . Robert McNamara did the same thing about 10 years ago. "It wasn't my fault, I did the best I could" seems to be parallel theme.

The first half was a 5 star book and you should put it down at that point. The latter half was weak, long winded and repetitive. Average gives you 2.5-3 stars.






4 out of 5 stars A good insight to Macroeconomics   July 18, 2008
I purchased the CDs to listen in my car while I commute to learn more about Global and Macroeconomics. While it was not a classroom education it was well worth the time and money.

The first several CDs cover Mr. Greenspan's early life and give a great deal of insight into how his views developed. They are very light, laced with dry (but quite amusing) humor and move along very quickly. Upon learning of his close friendship with Ayn Rand, much of his manner and opinion comes into clear focus.

Namely, Mr. Greenspan is a unapologetic Free Market Capitalist. His arena is Global Macroeconomics and he embraces "Creative Destruction" wholeheartedly. While he does address the hardships of this, it is in a purely pragmatic approach. I get the feeling he does care about the socioeconomic fallout but this is not the purpose of these CDs.

The middle CDs are sometimes difficult for a lay person to follow but are worth repeating to gain a better understanding. His explanations of Developing Markets, Populism, and the demise of Central Planning are very detailed and interesting.

I found I enjoyed the last CDs the most as they address current global uncertainties. The spike in oil prices, the fall of the dollar, accounting scandals, changing labor markets, and need to address energy consumption. You may not agree with him on principal but he presents solid arguments in his favor.

I recommend this collection to lay people interested in gaining a better understanding of Global macroeconomics and, oddly, those opposed to Globalization. While the latter may sound odd Mr. Greenspan presents his argument clearly and concisely. There are no vaguaries in his points and this allows reasoned response to to these issues.



5 out of 5 stars Exceeded expectations ....   July 17, 2008
 0 out of 2 found this review helpful

Super informative and interesting. This book covers a lot of ground including a unique look at each of our Presidents dating back to Richard Nixon. Some of Greenspan's insights on these men surprised me. The book also give a primer on economics and the Feds role in guiding the economy. Very timely given our recent slowdown.

I wish everyone would read this book to better understand our free market capitalist system ... and why it is vastly superior to other alternatives.



4 out of 5 stars Definitely worth reading   July 14, 2008
 0 out of 1 found this review helpful

When chairman Greenspan speaks, the world listens said Bill Clinton back in May 2000, and this statement alone is bold enough for this book to be high on one's reading list. I am not going to comment on whether the actual economic policies during his tenure were right or wrong. Don't hold your breath for any spectacular revelations; the style is rather dry but lucid. Perhaps the most fascinating aspect of this book is his observations on past presidents, from Nixon to Bush II as well as the analysis of other main economies in Europe and elsewhere. Definitely worth reading.

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