Alan Greenspan is an influential American economist who was a chairman of Federal Reserve of The United States from 1987 to 2006. Before he was appointed the chairman, he had a successful consulting career. Several individuals were greatly amazed by his concepts and thoughts since he adopted the philosophy of self-interest, laissez-fair capitalism, and individual effort. As the chairman of Federal Reserve Board, he formulated monetary policies aimed at reducing the dangers associated with recession and inflation. Alan Greenspan is credited for the longest formal economic expansion in American history (Batra, 5). He is among the internationally most influential ...
Essays on Objectivism
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Research Essay
As we live our lives, we tend to encounter various challenges every day. Our own thinking brings some of these challenges while other challenges are brought by the paradigms created by the society. Since the world has all kinds of people, we are likely to encounter the rich, poor, unhealthy, and healthy people in our daily interactions. These interactions are sometimes challenging, as we tend to question ourselves on how much we can do to help the world’s poor and the unhealthy people. This challenge presents itself in two ways. In one way, we personally feel that it ...
overty is one of the major problems facing many people and it is as a result of several factors which are independent of each other. In many countries, there is a big gap that exists between the poor and the rich. There is the tendency that the poor will become poorer while the rich get richer. This is a result of the differentiated social classes that are in existence. Even though there are rich people around the world, those that are poor are seen to be many. A small proportion of individuals around the world may be considered to ...