“The book offers much wisdom. . . . [Greenspan] sees the world through a different set of eyes than do many others in his field. He is driven less by theory, more by data and practical experience. . . . Greenspan’s new book lays out his worldview in light of the financial crisis, the deep recession, and the meager recovery of the past five years. His critics often condemn him as an ideologue, but the book demonstrates the unfairness of that accusation. On a wide range of topics—from monetary, fiscal, and financial policy to productivity, inequality, and globalization—he offers readers a thoughtful, nuanced, and open-minded perspective, tempered by many years of having seen both business and public policy from the inside. . . . Whether or not you’re an economist, you can’t help coming away from The Map and the Territory with greater insight into many of the crucial issues facing the nation. Greenspan’s path to fame may have been unconventional, but after reading this book, you’ll understand why five American presidents turned to him and made him one of the great economic policy makers of our time.” — N. Gregory Mankiw, The New York Times Book Review
Alan Greenspan born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, after the second-longest tenure in the position (behind William McChesney Martin).