|# of Units:||5 CDs|
|Length:||4 hours, 30 minutes|
|Tell Your Friends:|
While much of the book seemed to highlight the outcomes of FOMC decision-making ... "the Committee voted unanimously to raise the Fed Funds Rate" ... I found that I gained little insight into the Chairman himself or the challenges he faced. It left me unsatisfied...
I confess to not being even aware of some significant financial happenings of recent decades chronicled in this book. Though one must take all reporting with a grain, I feel more informed about events of import and associated contexts and details, thanks to this book. The book held my attention, the subject matter was significant to me, and I recommend it.
It was hardly "gripping" as I had to struggle to listen to the economic lecture in an almost monotone sound. Maybe it was just the dryness of the econ - which didn't have to be!
While being very repetative, this was an incredibly interesting book following the politics involved at the Fed during Greenspans many terms. Recommended to those interested in the economy and do not have a high understanding behind setting the interest rates.
Reasonably good book. I got out of it what I expected - insight into how Greenspan sees the U.S. economy and how much control he has of it. If you want to know a little about how the FED works, how interest rates are set, and how much politics influences the FED, this book will give you a good overview. One note: Woodward chooses to do his own narrative for the last 10 minutes of the book. It was agony! Never have I heard such a poor reader. Do yourself a favor and skip this part - there's no new information in the last 10 minutes anyway. I'd rather listen to 10 minutes of fingernails screeching on a chalkboard.
Very good behind the scenes account of FOMC deliberations and the politics involved.
Try not to fall asleep during some portions because there is interesting info about Greenspan and the economy.
What I got out of it was a great understanding of the good economic times under Clinton, and how well it was then managed.This was no accident. I also came to understand where and who made it wrong. I am fascinated by systems. Fundamental to our well being is the economic agreements under which we function. I think it is vital for all Americans to come to understand this system, so that we can come to control and improve it. Minimally we should be able to recognise its weaknesses. This for me was a great beginning. Hats off to Greenspan. The book even made him warm and likeable and human!
Good but a little dry
"Bob Woodward is an assistant managing editor of The Washington Post. He has authored or co-authored eight national bestsellers: All the President's Men and The Final Days with Carl Bernstein, The Brethren with Scott Armstrong, Wired, Veil, The Commanders, The Agenda and The Choice. Woodward lives in Washington, D.C., with his wife, Elsa Walsh, a writer for The New Yorker."