What she did for him
As Chairman of the U.S. Federal Reserve for two decades, Alan Greenspan has been the most influential economic policy-maker in the world.
This is why his recently released memoirs, The Age of Turbulence, has attracted media attention.
However, unless you're an economist or policy-maker, it might not be worth it to read the 500-page book.
This being said, there is one sentence in the book that reveals a great deal about how Greenspan's life was changed for the better. He wrote:
I was intellectually limited until I met her.
Who is the woman he is talking about? Given the fact that Greenspan is enormously smart, who is the one woman from whom he learned from?
He met her when he was 26, and soon became one of her followers. Although he was already smart at that young age, he admits himself that he was more a technician skilled with numbers and analysis. She showed him a bigger world, made up of values, humans, thoughts, emotions.
What he liked about her was her unrelenting analytical mindset, as well as her openness to new ideas. However, she would ruthlessly dissect any idea into its fundamental components and enforce the process of rigorous reasoning.
I was actually reading her (intellectual) diary a few months ago, and was surprised that her most recurring sentence was "Think this through."
Who is she? Ayn Rand, of course.
Anyone who is serious about seeking wealth and achieving financial freedom, can gain enormously by reading her writings, especially her views on capitalism as the only moral economic system. That is, it's a moral system because it is "just": any man or woman can earn as much as he/she wants, provided he/she develops the appropriate mental faculties.
This is why his recently released memoirs, The Age of Turbulence, has attracted media attention.
However, unless you're an economist or policy-maker, it might not be worth it to read the 500-page book.
This being said, there is one sentence in the book that reveals a great deal about how Greenspan's life was changed for the better. He wrote:
I was intellectually limited until I met her.
Who is the woman he is talking about? Given the fact that Greenspan is enormously smart, who is the one woman from whom he learned from?
He met her when he was 26, and soon became one of her followers. Although he was already smart at that young age, he admits himself that he was more a technician skilled with numbers and analysis. She showed him a bigger world, made up of values, humans, thoughts, emotions.
What he liked about her was her unrelenting analytical mindset, as well as her openness to new ideas. However, she would ruthlessly dissect any idea into its fundamental components and enforce the process of rigorous reasoning.
I was actually reading her (intellectual) diary a few months ago, and was surprised that her most recurring sentence was "Think this through."
Who is she? Ayn Rand, of course.
Anyone who is serious about seeking wealth and achieving financial freedom, can gain enormously by reading her writings, especially her views on capitalism as the only moral economic system. That is, it's a moral system because it is "just": any man or woman can earn as much as he/she wants, provided he/she develops the appropriate mental faculties.
posted by Super Peter at 12:52 PM
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