People Who Mattered

Alan Greenspan

If you believe that the booming American economy is the story of the 1990s, then Federal Reserve Chairman Alan Greenspan gets my vote as Person of the Decade. The American economy will mark its longest period of uninterrupted expansion this February. During the past nine years, the U.S. unemployment rate has fallen to 4.1%, the lowest level in three decades, while inflation has remained under 3% and interest rates have remained relatively low. The stock market remains at record levels, and productivity grew twice as fast in the 1990s as it did in the 1980s. No one person, of...