The Greenspan Era
Forbes Media chairman and co-author of "Inflation" Steve Forbes presented his argument that the economic policies of the Greenspan Era are "worth emulating." He was interviewed by New York Times economics reporter Jeanna Smialek.
Description
Forbes Media chairman and co-author of "Inflation" Steve Forbes presented his argument that the economic policies of the Greenspan Era are "worth emulating." He was interviewed by New York Times economics reporter Jeanna Smialek.
Bell Ringer Assignment
- According to Steve Forbes, what impact did the Federal Reserve have on the dollar and interest rates in the 1990s?
- Why does Forbes say the economy enjoyed a "boom" in the 1980s and 1990s?
- Based on the clip, why should money have a "stable" value? What happens if the value is not stable?
- What impact did President Bill Clinton's tax cuts and the rise of the internet have on the economy in the late 1990s?
- Does Forbes agree with the Federal Reserve's actions during the late 1990s and early 2000s? Why or why not?
Additional Resources
Participants
Vocabulary
- Alan Greenspan
- Bill Clinton
- Capital Gains Tax
- Federal Reserve
- Inflation
- Recession
- Speculation