- Jeffrey Snider: "For some reason Alan Greenspan’s opinions are still taken seriously ... yet somehow to the media & to some nontrivial extent beyond he has maintained credibility. What is most offensive is that he now acknowledges the economic despondency but only as if it was just mere circumstance or accident. Alan Greenspan is shamelessly trying to get ahead of what he seems to be calling the mob, the crazies who at some point will start digging into what he actually did at the Fed rather than simply accepting the myths that he still manages to live by. When that happens, we will see exactly who is tarred with the disapproving pejorative of 'crazy.' I have little doubt that it will be he who is stuck with that word and many more far less flattering, a provably fitting end to and for the 'maestro.' It won’t be crazy at all; it will be in his own words."
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LINK HERE to the essay
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