Alan Greenspan

Article abstract: As chairman of the U.S. Federal Reserve Board, Alan Greenspan worked to balance economic growth, employment rates, and inflation.

Early Life

Alan Greenspan was born in New York City, the only son of Herman Herbert and Rose Goldsmith Greenspan. The couple divorced when Alan was six. From then on, he was reared by his mother, a furniture store salesperson; Rose and her son moved in with her parents, Russian Jewish immigrants, in the Washington Heights section of New York.

Alan attended the city’s public schools and, eventually,...

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