PBS Newshour didn’t shy away from highlighting Alan Greenspan’s devotion to Ayn Rand, whose ultra-Libertarian views of Capitalism ultimately required a hefty dose of John Maynard Keynes to save the economy.
The NYTimes has, as expected, a comprehensive Greenspan obituary.
But the ideological stamp he put on policymaking came to be associated as well with the destructive consequences of forces that emerged on his watch, including deregulation of banking and Wall Street, the loss of American jobs to free trade and persistent concerns about bubbles in stock and housing prices.
Also from last night’s PBS Newshour, is this reminder of Al Gore’s inconvenient truth.