Reaction Weekend

Book review: Capitalism in America – A History by Alan Greenspan and Adrian Wooldridge

BY Mark Fox   /  30 November 2018

It would be difficult to find two more distinguished economic commentators than Alan Greenspan – former Chairman of the Federal Reserve, and Adrian Wooldridge – Oxford DPhil, Fellow of All Souls and Political Editor of the Economist. Between them they have accumulated a vast amount of experience of economics, it’s a history and its impact. In choosing to focus on the United States they have chosen, of course, to focus on the country that is perceived to have the most vigorous and the most red blooded form of capitalism. Capitalism, as it were, unleashed is the focus here and this succinct and well written volume revels in its ups and downs.

The authors are not keen on politics or politicians, who they consider are at their best when they interfere least. Like most business orientated people