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Greenspan's Empty Talk
On the day Greenspan died, this 2001 essay by Joseph T. Salerno deserves a second life. It documented what the mainstream refused to see: that Greenspan replaced economic theory with intuition, replaced analysis with data-worship, and called his guesswork a science.
Original article: https://mises.org/mises-daily/greenspans-empty-talk
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By Mises Institute
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On the day Greenspan died, this 2001 essay by Joseph T. Salerno deserves a second life. It documented what the mainstream refused to see: that Greenspan replaced economic theory with intuition, replaced analysis with data-worship, and called his guesswork a science.
Original article: https://mises.org/mises-daily/greenspans-empty-talk
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