American Philosophical Society
Member History

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5. The Arts, Professions, and Leaders in Public & Private Affairs[X]
1Name:  Mr. Alan Greenspan
 Institution:  Greenspan Associates LLC; Federal Reserve System
 Year Elected:  2000
 Class:  5. The Arts, Professions, and Leaders in Public & Private Affairs
 Subdivision:  503. Administrators, Bankers and Opinion Leaders from the Public or Private Sectors
 Residency:  Resident
 Living? :   Living
 Birth Date:  1926
As the longtime chairman of the Federal Reserve Board, Alan Greenspan piloted the United States economy, the world's largest, for nearly 20 years. First appointed Fed chairman by President Ronald Reagan in 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, at which time he relinquished the chairmanship to Ben Bernanke. Mr. Greenspan was lauded for his handling of the Black Monday stock market crash that occurred very shortly after he first became chairman, as well as for his stewardship of the Internet-driven, "dot-com" economic boom of the 1990s. He remains a leading authority on American domestic economic and monetary policy, and his active influence continues to this day. In 1998 Mr. Greenspan was awarded the American Philosophical Society's Benjamin Franklin Medal for Distinguished Public Service. The citation read "in recognition of his leadership and his work as Chairman of the Federal Reserve Board. His wise formation and skillful execution of monetary policy has contributed significantly to the longest period of prosperity in the United States on record." Mr. Greenspan has published several books, including The Age of Turbulence (2007) and The Map and the Territory (2013). He received the Presidential Medal of Freedom in 2005.
Election Year
2000 (1)