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Alan Greenspan, the Man Who Ran the Global Economy for 18 Years, Dies

NPR Topics: NewsยทTuesday, 23 June 2026
Alan Greenspan, the Man Who Ran the Global Economy for 18 Years, Dies

Alan Greenspan, the former chair of the US Federal Reserve, has died. During his chairmanship he was celebrated as possibly the best central banker in history, but his reputation was later damaged by the 2008 financial crisis โ€” the worst since the Great Depression. His close friendship with libertarian philosopher Ayn Rand also shaped his economic worldview.

Why It Matters

Greenspan's policies shaped global interest rates and financial markets for nearly two decades โ€” understanding his legacy helps explain how today's global economy was built.

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